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Sure. There are also plenty of shops that don't accept bitcoin either, so if you need to use a service (private or government) you would convert it into somethi
by louloulou 6y ago
Sure. There are also plenty of shops that don't accept bitcoin either, so if you need to use a service (private or government) you would convert it into something they would accept. The point is that there are no taxes associated with the conversion.
Therefore, you are not subject to government monetary policy (on your savings) because you would only convert what you needed to at the point when you have to pay for the services.
- 99_00 6y agoNot being subject to government monetary policy isn't the same thing as breaking the government's monopoly on monetary policy.