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.
Not every country does that. There are some countries around the world that have been using the tax being collected from the people on very good projects and this has improved the living standards of the people of that countries.
Well of Course there are allot of countries who regulated bitcoin and their people are living standard life only because of bitcoin which gives good opportunities of earning for them. According to me bitcoin is already a universal currency because it is applicable all over the world without any problem.
Yup mate it is the main cause why gradually the adoption and the use of bitcoin is increasing more and more. Thats really nice to see our daily life getting better with the help of bitcoin. According to me even now its almost famous internationally there is huge trading is being across the world.