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I think this bitcoin craze is seriously going to hurt the chance of cryptocurrency ever being accepted. Most likely the governments are letting it slide because
by notastartup 13y ago
I think this bitcoin craze is seriously going to hurt the chance of cryptocurrency ever being accepted. Most likely the governments are letting it slide because they probably know it's not going to work. Let a black swan hit and crash the bitcoin that robs it of any trust. Is a government that invades a country who tries to accept Euros for petro oil seriously going to allow a currency they can't tax? People couldn't do shit when NSA snooping on them hit the news, and they are seriously thinking that this new cryptocurrency will replace the status quo?
- mahyarm 13y agoYou can tax bitcoin, just like you tax P2P cash transactions. Whats even better is there is a permanent record that will never go away once you start attaching identities to addresses, which exchanges contain the vast majority of, so you have plenty of time to tax these people.