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Author Topic: We once had a barter system here, but the government smashed it  (Read 446 times)
Argoo
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March 07, 2021, 01:48:45 PM
 #41

In my opinion, there are advertisements in newspapers for sale and purchase in any country and this activity is not considered tax evasion, since goods of significant value still need to be certified by a notary or otherwise registered, in which tax is withdrawn. For small household transactions, tax is not charged.
As for barter transactions, they are really not welcomed by the government, since money does not participate in this and in this case it does not stimulate the development of the country's economy.
However, all this has practically nothing to do with bitcoin and other cryptocurrencies, except that in either case, the state seeks to control all processes.

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March 08, 2021, 11:58:17 PM
 #42

The barter system is a very old way of exchanging commodities. We cannot just barely stay into something wherein we can seek improvement to give better service to the people. With the presence of the concept of money involve for exchanges of commodities we are benefiting on nourishing and making our own economy to gain from those transactions not just because we owe some sort of products we have using barter system is that we will making it stay for long. The needs of the generation changes as the time goes by so there are provisions that are changing old ways to make it more beneficial for the sake of all that is being done by the government. As for the relation to Bitcoin and crypto, government will not be totally smashing it. It will just be regulated on usage and transaction being done due to their own reasonings that is said for the good of all.

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March 09, 2021, 09:41:55 PM
 #43


Wow, what crap country do you live in. Maybe instead of calling their own people criminals, they should do something about the situation. How audacious of them to point fingers when they can't even get the economy doing anything. Surely this trading couldn't have affected the government that many hands, if it had then the government was not a very good one, to begin with, and, failed you from the start. Making trading banned. I have never heard of such a thing. You can trade whatever you want for anything else you want so long as both parties agree on it.


If you haven't noticed, Government is alright trying to control how we trade with exchanges now forcing people to first carry out KYC verification before using their platforms. I wasn't here when Bitcoin started, but I believe there was so much freedom trading Bitcoin back then than it is right now.

Some exchanges are also already being forced to delist certain privacy or anonymity leaning coins like DASH, Monero, ZEC. This all the same as what you just stated in the OP.

They were not "forced" They chose to. Exchanges like that shouldn't be involved in crypto and neither the fools who use them.



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