Post
Topic
Board Politics & Society
Re: What happens in the government if Bitcoin takes over?
by
Balthazar
on 12/06/2014, 18:34:37 UTC
Most governments get their money from taxes. If these become impossible to collect, how will the government support itself?
State capitalism and various forms of socialism are answers to your question. State is able to make money even without collecting any taxes, through using public property for market activity.