Post
Topic
Board Economics
Re: Let's suppose that Bitcoin became universal (used everywhere you go)
by
kkaroul4
on 13/02/2019, 10:44:38 UTC
if bitcoin is used universally it will have an impact on the absence of tax collection on people or business entities and this causes the government to worry about the country's economy. but for bitcoin holders it is an advantage because there is no added value when transacting and processing is fast.
if the government has legalized bitcoin and crypto it doesn't matter if there is a tax collection because it is mandatory. so also the users will be benefited by bitcoin and the government too