Quote from: eaLiTy on March 03, 2020, 09:51:20 PM

Quote from: Yatsan on March 03, 2020, 04:30:43 PM

And besides, when all of us use cryptocurrency the government and soon the country economy will collapse because there's no way to tax people if they are using crypto and not fiat.

I do accept majority of the factors you mentioned including BTCitcoin replacing fiat because it is impossible to do micro transaction in third world countries considering their currency valuation and not everyone is rich enough to afford an internet connection but when it comes to taxation you will be liable to pay your tax and once the exchanges will be regulated by the government and the only way to purchase the coin is through your bank account everything will be transparent, all you need to do is disclose you crypto profits and pay the tax accordingly to be on the good side of the law.

According to the latest data, in Africa only 35.4% of the population have access to the global network, which is very, very small. There can only help the world free Internet, the implementation of which at the moment is engaged in Elon Musk. Well, gadgets are still needed, but their prices are pretty low.