Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a scam
by
lalabotax
on 25/03/2024, 21:45:51 UTC
Is Bitcoin a scam

It's  so funny  that at this stage and century , some people still believe that Bitcoin  is a scam after it has proven itself  over and over  which has led to it's massive adoption.
In fact, it's really sad because there are still many people or parties who think that Bitcoin is a scam. No matter how clearly we explain it and provide understanding, they will not change their minds.

On the other hand, fiat currencies can be printed at will by the government  and the supply will still be determined  by that single entity  which is still the government.
Actually this is not completely true, but it is not wrong either. But indeed, they remain under the control of the authorities. And it will always be like that, centralized.

...taxes...
Taxes are always a structured dilemma. Anyway, regarding taxes in crypto, especially in my country, we will never run away from taxes as long as we still use local exchanges in our country, Indonesia. Because they immediately deduct a certain percentage of tax every time they make a buying and selling transaction.