How do Bitcoins really circulate into users?

[FlightyPouch]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate into users? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

[5dollarbill]

circulate in country Bitcoin is countryless... circulates in blockchain, not any country, you got all mixed up

[ArcCsch]

I think the question is about whether bitcoin actually circulates, or whether it is only kept as an investment.
I feel like bitcoin has to much speculation per unit circulation, this is what causes the value to fluctuate so much.
I hope it will be more stable when more merchants start to accept it.
Also, many merchants accept it but don't actually care about its future, the cash it immediately and dump it on the market, those imposters can be recognized by their links to coinbase or xapo.

[grim007]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

There is still no tax in bitcoin as far as I know. There is transaction fees but minimal only depending on the values need to trade or to invest. It circulates only on the investing, trading and gambling sites. But soon it will be like a real money when there is a lot of shops that accepts btc. But now there is an easy process of cashing out so it still seems a real money.

[zahra4577]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

Your question is very unclear maybe because English is not your first language.
You may try to find a local forum for your language and post the question there if you want.
Coming back to your question. I think you want to know how bitcoin works in a particular country and if it is taxable or not.
Bitcoin, as other say, is free from boundary and works exactly same everywhere.
As for whether it is taxable, this is something not related to bitcoin and differ from country to country

[ethereumhunter]

maybe the OP want to ask about how bitcoin is really use in a country and is it bitcoin like money which is use by most people in a country? but i thought that the OP is still confusing about this, and maybe he needs to read more about bitcoin and understand about what is bitcoin so he can know exactly what he want to ask.

[Slark]

Every time when questions like: how many people use or hold bitcoin or how many coins is already lost/misplaced we can't have definitive answer.
It is the same with Op's question - there is no way to determine whether circulation of bitcoin in specific country - we could only speculate on that.
Maybe we will be able to tell in the future when IRS will enforce some kind of harsh bitcoin tax policy and BTC transactions will be reported.

[TastyChillySauce00]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

There is still no tax in bitcoin as far as I know. There is transaction fees but minimal only depending on the values need to trade or to invest. It circulates only on the investing, trading and gambling sites. But soon it will be like a real money when there is a lot of shops that accepts btc. But now there is an easy process of cashing out so it still seems a real money.

When you're buying stuff from some online store you will be required to pay taxes on your bills and it's adjusted with the bills so sometimes you didn't realise that you're actually already paying some taxes even though you're using bitcoin. Whether you're recognising it or not it's depend on you but that's what actually happening. Just indirect tax

[MingLee]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

Bitcoin would circulate like anything else would, presumably. Someone who has it distributes it to others via paying for goods, services, etc. That is then taken by the people who earn it and distributed to others through purchases, and so on and so forth.

Technically Bitcoin is a more global and easily distributed currency, so it can take a while for it to circulate in a local area, in its current state.

[Catmony]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

To circulate bitcoin doesn't need any approval from government but to get it accepted in local merchants/store government need to declare it as accepted form of currency which is happening in many countries.

circulate as a tax?

[Rahar02]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

To circulate bitcoin doesn't need any approval from government but to get it accepted in local merchants/store government need to declare it as accepted form of currency which is happening in many countries.

circulate as a tax?

I get it what Op tried to asked, circulate as a tax? The answer is no, it doesn't circulate that way as government taxed from anything they could take and use it for country development and pay civil servant salaries. Bitcoins generated from mining process and circulate in users wallet and blockchain through transaction or you spend it to buy something and so on.

[Yuuto]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

What do you mean, circulate as a tax. Bitcoin is a currency that can be circulated all across the globe. It already is. Just look at the full sized blocks that are mined every single day, from blockchain.info

Tax cannot be circulated, only currency or goods, or services can.

[FaucetRank.com]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

I think you want to ask how do countries consider Bitcoin? Do countries consider Bitcoin as real money or as an asset/good. I think most countries thinks that Bitcoin is valuable digital good only, which can be used for payment/receipt on any online store. As soon as more people uses Bitcoin than it'll start replacing the real money then it will remain no more a good but it will be know as real money.

[pooya87]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

are you talking about "regulations" or "circulation"?
regulation is where taxes come in and it has not yet happened in many countries as they continue to treat bitcoin as something not so many people use so there is no point in setting up laws about it.

circulation is about how you spend and use bitcoin and how it moves from hand to hand and that is not restricted to one country because bitcoin is global and decentralized.

[DimensionZ]

Bitcoin doesn't circulate like fiat money does. It only changes hands and stops right there. People who have received Bitcoins are not going to spend the same Bitcoins. They are going to exchange the coins for fiat. And that's it - the cycle is done and the next cycle will begin. Bitcoin is not mainstream money, it's digital tokens.

[ArcCsch]

Bitcoin doesn't circulate like fiat money does. It only changes hands and stops right there. People who have received Bitcoins are not going to spend the same Bitcoins. They are going to exchange the coins for fiat. And that's it - the cycle is done and the next cycle will begin. Bitcoin is not mainstream money, it's digital tokens.

With bitcoin only seven years old, what do you expect?

[FlightyPouch]

circulate in country Bitcoin is countryless... circulates in blockchain, not any country, you got all mixed up

Sorry, I think i have a wrong question. Its not the country but how bitcoins circulate into the users. How do bitcoins made and then spent..

[FlightyPouch]

I think the question is about whether bitcoin actually circulates, or whether it is only kept as an investment.
I feel like bitcoin has to much speculation per unit circulation, this is what causes the value to fluctuate so much.
I hope it will be more stable when more merchants start to accept it.
Also, many merchants accept it but don't actually care about its future, the cash it immediately and dump it on the market, those imposters can be recognized by their links to coinbase or xapo.

Thats whatbI mean sir. Thank you for understanding.

[FlightyPouch]

Bitcoins are really becoming known due to its price and demand. But how do really Bitcoins circulate one country? Does it circulate like a real money that circulate as a tax. Can someone explain it sir?

Thank you.

Your question is very unclear maybe because English is not your first language.
You may try to find a local forum for your language and post the question there if you want.
Coming back to your question. I think you want to know how bitcoin works in a particular country and if it is taxable or not.
Bitcoin, as other say, is free from boundary and works exactly same everywhere.
As for whether it is taxable, this is something not related to bitcoin and differ from country to country

What i want to ask is about how bitcoin circulate from its users. How it is made. And how it is spent. I just put the money as example that comes from the tax of the people thats why money is made.

[Fraxinus]

Well,BTC is limited unlike cash,which can be printed and there is no limit there and because of this fact BTC doesn't circulate that much,however the idea is the same-people paying with BTC,then someone selling BTC to another person and so on.It's really that simple,there is nothing new compared to cash and the concept is absolutely the same really.That's what makes BTC relatable.