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Author Topic: Do you think Bitcoin can ruin a Country?  (Read 26385 times)
nguoiyeutao696
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September 09, 2018, 02:12:38 PM
 #781

This could happen over a period of time, as tax evasion, manual labor and reliance on bitcoins are gaining momentum and illegal bitcoin use is increasing day by day. Is this hard to do? We need a solution before things get too bad
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Tigorss
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September 10, 2018, 06:42:30 AM
 #782

it is clear that the state does not impose a tax system what will happen? the country might experience poverty from all fields, try to think if your family has no income at all what will happen? will it run smoothly? even if yes at some time it happens, the tax must still be applied.

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September 12, 2018, 10:59:00 PM
 #783

When Bitcoin cannot destroy a country because there is a benefit and a bad aspect of everything, we can not destroy a country if we think of the benefits by excluding harmful, but the country will grow even better.
Cupomi
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September 13, 2018, 01:16:02 AM
 #784

Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?

What do you think?


don't think that state revenues only from the tax sector, especially from bitcoin, state revenues come from many sectors, indeed the tax sector is one of them, so don't think that if bitcoin is used as a country's currency it can damage the country's economy ... on the contrary, with the use of bitcoin into a country's currency can improve the country's economy, because this business is greatly facilitated in the payment system, the tourism sector will also have a very good impact with the influx of foreign tourists who are very easy to pay for any goods without complicated rules. .
jbjoyce
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September 14, 2018, 01:46:58 AM
 #785

Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?

What do you think?

i think bitcoin can't ruin the country,but because bitcoin can give opportunities to people,if the country make legalized the bitcoin payback the country using pay the tax,so that you can continue use the bitcoin and of course the country can benefit by the tax payer
Aurora Castro
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September 14, 2018, 02:32:31 AM
 #786

Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?

What do you think?

In my opinion, bitcoin could be the advance in a country as much economic as cultural and social, since it is based on a great technology, and that would help the society to advance every day, changing its perspectives, instead of being a regime of government. Bitcoin offers great opportunities, and if it manages to manage a country, it would be sensational...
kawaihito
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September 14, 2018, 10:04:35 AM
 #787

The answer is no. personally, i think bitcoin helps us a lots in our life.
coxian
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September 14, 2018, 03:32:26 PM
 #788

Surely not. I also think if government take serious step about bitcoin and regularize  then they can also impose tax on it and will certainly collect good tax from bitcoin. Then it will be great helpful to a country.
cityboy6836
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September 15, 2018, 11:07:30 PM
 #789

Today bitcoin has provided many facilities like trading, altcoin, online shopping, online recharge etc. Of course not. Bitcoin will not ruin a Country. Even bitcoin can benefit the country because, today, bitcoin can be taxed. Of course, this will benefit the country that legalized it.
Bas01
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September 16, 2018, 03:47:24 PM
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 #790

Bitcoin cannot ruin country.  Perhaps goverment cant regulate bitcoin because of being decentralized, but they can build and regulate exchanger which every transaction fees has corresponding taxes Wink

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deppil
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Today at 02:41:46 AM
 #791

The answer is no. personally, i think bitcoin helps us a lots in our life.
For personal gain of course bitcoin and crypto provide financial benefits for its users. but the problem here is about taxes
the government is afraid of losing income from taxes if the bitcoin develops in their country. that is the concern

Vishnu.Reang
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Today at 06:42:39 AM
 #792

Bitcoin has been around for more than 10 years and till now it has not caused the financial ruin of any country or territory. On the other hand, it has caused economic gains for those countries where it was legalized.


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