4 ms·
None of those is remotely in the realm of possibility, except maybe #2 and the difference in scale (at least in the US) between total tax receipts and the float
by throwaway9848 13y ago
None of those is remotely in the realm of possibility, except maybe #2 and the difference in scale (at least in the US) between total tax receipts and the float of BC is so vast that it limits it to a very small percentage of the total. All bitcoin currently in circulation amount to 0.1% of one year of US tax revenue ($2.5T v $250M).
- oleganza 13y agoTwo and a half years ago 1 BTC was 200 times less valuable - around $1. Give it two more years and it will be 10% of US tax revenue. Than everything will be possible.
- maxerickson 13y agoWhy not wait 10 years until it is 1000% of US tax revenues?
- oleganza 13y agoIn ten years there won't be any meaningful US tax revenue.