Quote from: dificanovi on Today at 05:47:28 PM

Quote from: Robinson66 on August 03, 2021, 01:32:07 AM

Recently, there as been a lot of discussion about using Bitcoin to pay or employers to pay salaries using Bitcoin.

There is a lot of hype among Amazon, Apple, and Tesla about accepting Bitcoin as a payment method. Many of them say that the adoption is better, but if the company converts a large amount of Bitcoin paid by customers into legal tender, it will give Bitcoin. The currency brings a lot of selling pressure.
Bitcoin is limited. Everyone uses Bitcoin for payment and daily transactions. Bitcoin is becoming more and more popular. Many people know that Bitcoin also has countries that set Bitcoin as legal tender. If Bitcoin is used to pay salaries, is it necessary to collect taxes?
Bitcoin is becoming more and more common for daily payments. If it is more convenient for everyone to buy bitcoins and use bitcoins for daily payments, will the price of bitcoins get lower and lower?

bitcoin will be very expensive if more and more people use it.
if humans already use bitcoin in everyday life, bitcoin will be increasingly popular and the price will be more expensive, especially if bitcoin is used to pay employee salaries, bitcoin users will increase therefore the price of bitcoin will continue to rise.
on the other hand there will be a bad impact if bitcoin has been used to pay employee salaries, the government will definitely issue an order to pay taxes for using bitcoin to pay employee salaries.

Precisely. Once bitcoin will be used as a daily payment system, then it will not be an excuse anymore from paying taxes too. However, this will create a good motivation that if bitcoin will be more recognize and utilize as a payment system, then it will gain more demand from the market seeing its value more likely to increase.

But i'm also looking forward if the government will start adopting bitcoin in the future, will it's value become more stable or maybe less volatility by then. We will find out then when its happening there already. But one thing i am certain is that as long as people continue to use bitcoin, then it will always have its own value.