3 ms·
One of the sources of value for money is the fact that you can pay your taxes with it. Why accept a random symbol in exchange for goods? Today we put emphasis o
by niemandhier 5y ago
One of the sources of value for money is the fact that you can pay your taxes with it. Why accept a random symbol in exchange for goods? Today we put emphasis on value tax and income tax, but if those become unreasonable hard to collect, taxing observable properties would be the solution.
Imagine going to a restaurant and paying with untraceable bitcoin, the owner however has to pay a tax proportional to the number of chairs. In order to pay they have convert bitcoin to something the state accepts.