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
Governments need to implement more rational taxes, they are getting a huge amount of money out of a small sector of the population and they are not really doing anything productive or something that benefits the country as a whole, so before asking about what will happen if bitcoin becomes widely adopted through the world we need an adjustment of the tax rates all over the world since people are paying huge amounts that are not really necessary.
I agree. Tax adjustments throughout the world against bitcoin must indeed be synchronous, so that it will make it easier for every citizen to visit other countries and make transactions