Post
Topic
Board Politics & Society
Re: What happens in the government if Bitcoin takes over?
by
5flags
on 12/06/2014, 08:24:19 UTC
Most governments get their money from taxes.

Indeed.

If these become impossible to collect, how will the government support itself?

It currently relies on threats of violence and control of the monetary systems. Without control of the monetary systems, it will rely solely on coercion.