Bitcoin Forum
October 20, 2024, 12:04:51 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin can ruin a Country? on: January 11, 2018, 02:26:22 PM

Do you think bitcoin can ruin a country?

I dont think so. It depends on how people use it. If people will use it in illegal actions it will surely destroy a country.


The problem is, how do you know it is being used for the right reasons? The government regulatory authority keeps an eye on all transactions to make sure nothing illegal happens. Tax is the backbone of any economy. With bit-coins no one knows whats happening with the wealth, what is being sold and purchased. In a world where everyone is looking to evade taxes, it is such an easy currency to save yourself from taxes.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!