Post
Topic
Board Bitcoin Discussion
Re: Why Is Getting Bitcoin "Accepted" As A Form Of Payment So Important???
by
gigabytecoin
on 12/03/2011, 20:44:43 UTC
I think it would be a much easier and saner a goal to achieve first (making bitcoin an accepted store of value), before we strain the community too much in trying to tackle an incredibly competitive payments market. I mean... those companies work on margins of fractions of a percent. They have ties with big banks and government, most of whom most likely won't want to deal with us - at first at least.

In general, I share some parts of your view but...
Competitiveness? I don't know about your country, but in mine, I have to pay more than 20% to government if I sell something. I think we can do better.

Sorry for the double posts guys... But I am no good with multi-quote.

I don't believe that circumventing government taxes is going to help our cause at all. In fact I think it will be our downfall.

If your government charges too high of a tax bracket or other ridiculous fees there are already ways around this.