Post
Topic
Board Economics
Re: Cryptocurrency usage will boost economy or make it worst ?
by
arrmia11
on 05/03/2020, 14:46:53 UTC
What if all those big corporates and businesses starts using crypto as a mode of payment just to avoid tax which will cause a direct loss to the government which uses tax for the betterment of the country. This might not affect corrupt countries as it doesn't matter because tax money goes to politician's coffers but what about developed nations?

Yeah you're right actually your idea was good why they don't try to use crypto or btc as a payment method to avoid paying higher tax, because just like you said tax will go to the government and what if the government is corrupt then most of tge taxes has been corrupted by tge government. Then the tax that you pay for was useless.