Post
Topic
Board Bitcoin Discussion
Re: Revolution or a new start?
by
BitcoinHodler
on 05/01/2019, 07:21:58 UTC
Paying tax with bitcoin? Then what will the government do when its prices hike up? How about its accounting?

It is indeed a revolution. But how will they cope up with the excess gains and losses?

the government is not really accepting bitcoin on a large scale. i have only heard about some rare cases like one state doing this. and then it is a matter of who is willing to take that chance and pay with bitcoin!
so in the end you will see that the total amount received through bitcoin isn't that much. and who is to say what they will do with it. maybe they liquidate it right away through a service like Bitpay with some contract or something.