Post
Topic
Board Bitcoin Discussion
Re: A future of high transaction fees?
by
zipmaster
on 05/10/2014, 20:57:50 UTC
I don't know guys. If bitcoin were to become an actual full out, fiat defeating currency, governments will be forced to centralize all mining efforts to guarantee the stability of the financial system.

The plus side to this is that taxation for sales could be implicitly built into the blockchain since governments could collude to set transaction fees.