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You can't pay taxes in Bitcoins in any industrialized economy in the world. Taxes is not what a money makes. Colonials, Greebacks, French Assignats. They all w
by vrotaru 15y ago
You can't pay taxes in Bitcoins in any industrialized economy in the world.
Taxes is not what a money makes. Colonials, Greebacks, French Assignats. They all were used to pay taxes. On the other side the Somali shilling is (still) used as money. The russian (tsarist) ruble was used as money during 1918-1920 Civil war. Hell, shells were used as used as money.
As for taxes in bitcoins, it can be just of matter of time. You know the tune: Cheaper to tax than to fight
- tptacek 15y agoYour argument then is that despite the fact that the participants of the largest economy on Earth are effectively forced at gunpoint to use US dollars, dollars aren't necessarily any more valuable than cryptographically random numbers, because other currencies have in the past stopped circulating.
- vrotaru 15y agoYes, and no. Yes, because, the taxes are not the magic wand that your paint them to be. No, because, I will not recommend anyone to put all their savings in bitcoins. Also, define valuable, and we'll talk. I can easily foresee situations (even now) when bitcoins are valuable to me than dollars.
- deleted 15y ago[deleted]