Quote from: Aveatrex on May 24, 2018, 09:26:17 PM

How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.

No country is going to adopt cryptocurrency as their currency unless they are just trying to be stupid, well thats never going to work. The only thing they might do is try to make use of the blockchain to build their currency, something that will be more stable, but thats doesnt change anything except the fastness in making transactions and maybe reducing the cost (but I know government, the cost will be high) but you will still pay tax and other things. So, nothing really changes.

Quote from: lamadu3 on December 25, 2018, 05:54:58 PM

I think in this case the government would start accepting Bitcoin taxes. Although the idea of abolishing taxes I like more because its spend not on purpose.

That will be possible but it will take more time. In the case of bitcoin being accepted by government when it will become universally being used by people, I believe bitcoin might be trading in billions by considering how many people will be are adopting it and how much demand it will be having by that time.