Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
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.
Thanks
If we use bitcoin for paying goods in merchant, we still paying tax. Every goods sell in merchant already added VAT. I am believe if bitcoin can use as payment in merchant, government still survive because government still collecting taxes from every bitcoin transaction we make.