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Point taken. I too would be one of the first casualties as I try to pay for my plane ticket to Canada with Ethereum. Hmmm... I wonder what would happen if ever
by ourmandave 8y ago
Point taken. I too would be one of the first casualties as I try to pay for my plane ticket to Canada with Ethereum.
Hmmm... I wonder what would happen if everyone tried to pay their taxes with Ethereum?
- vkou 8y agoThe same thing that would happen if everyone tried to pay your taxes with turnips, of if "What if they started a war, but nobody came?" The government would, quickly, and decisively increase punishments for non-compliance, print or borrow a wagon-full of money to make payroll, and send the police, and army in.
- Dylan16807 8y agoNah. If everyone is demanding it then the laws can be updated. If you had just 10% of the population loudly demanding such a payment method, and 90% generally ambivalent, you could probably make it happen.
- brokensegue 8y agothe price of eth would plummet as people trying to convert eth to dollars for tax day (because you can't pay your taxes in eth at all)