Do you think Bitcoin can ruin a Country? - page 19.

Soranith

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Quote from: FlightyPouch on January 30, 2017, 10:28:52 PM

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 guess bitcoin will not ruin a country because by the time that bitcoin will be fully used then the government already regulated bitcoin and they already found a solution on how to track our bitcoin earnings. Tax will be implement for those who are earning bitcoin for sure and we can't do anything about it but to follow government rules.

lienfaye

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Quote from: FlightyPouch on January 30, 2017, 10:28:52 PM

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?

If bitcoin become a currency of one country that means it will be regulated by the government and will implement tax for every transaction. It can help the economy to improve and the citizens to get new opportunity to earn by investing in bitcoin. Its beneficial for the both parties and I think that might be the major contribution of bitcoin so I dont think it can destroy the country if btc enter the scene.

deppil

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Quote from: Lintel on February 07, 2018, 01:38:36 PM

Quote from: hurain on January 31, 2017, 03:25:05 AM

Quote from: FlightyPouch on January 30, 2017, 10:28:52 PM

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?

bitcoin is not going to ruin a country, bitcoin is providing opportunities to its people for investment and trading, so bitcoin can be a good tool to increase the status of a country economically. i 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.

bitcoin is a cryptocurrency that helps people to earn. an opportunity that a people can have an investment in the future. Like me I've been here in bitcoin without any money when I started here. I mean I don't invest but in a months time I've got my coins here in which I traded and got a cash . so why it can ruin a country? well in fact it heps the people if every country who allows bitcoin.

for a person of course it will be profitable. but the impact of bitcoin as an anonymous and decentralized currency will certainly harm the state? corruptors will certainly easily laundering their dirty money in bitcoin without being seen by anyone. many people will darken their taxes with bitcoin. so that the bad impact will be felt for the country's economy? #IMO

jmolinass839

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Quote from: FlightyPouch on January 30, 2017, 10:28:52 PM

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?

la volatilidad y la especulación de las criptomonedas pueden llevar a un país a una crisis, supongo. A menos que a tiempo los paises comiencen a regular su uso.

Crish Leone

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Quote from: FlightyPouch on January 30, 2017, 10:28:52 PM

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 is not a problem that can destroy a country, which is a bitcoin legality in some countries,
some countries can not accept the presence of bitcoin as a valid transaction tool, well if this bitcoin will be recognized in all countries, it is not impossible this virtual money will be the currency of the future, and this possibility will positively affect the economy of the country .. so we hope only bitcoin can be accepted in all countries ..

salem47ya

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حسنا أعتقد أن بيتكوين لن تدمر بلد وأنها سوف تحتاج إلى موافقة لبلد مرة واحدة إذا كانوا يقبلون بيتكوين أو جعل بيتكوين أموالهم والحكومة سوف تفكر في وسيلة للحصول على ضريبة في بيتكوين هذه الطريقة الحكومة تعمل حقا اليوم لا ينطبق لأن بيتكوين ليست كبيرة اليوم ولكن في يوم من الأيام أنها سوف حكم العليا يوما ما وسوف يكون لدينا راتب بيتكوين قريبا وفي وقت لاحق على الحكومة سوف تأخذ نصف بيتكوين لدينا بحيث للضريبة ومعرفة هذا أن الحكومة سوف يكون أيضا معطوبا>. <

preelee04

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For me, I think bitcoin will not ruin a country. Because, a lot country is willing to accept bitcoin and investments.

xankor

newbie

Activity: 14

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I think that affect a country - Yes, ruin a country - No!

whitecaramel1

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I don't think so. Bticoin is an investment means.it will not work without money..

tung06081989

newbie

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no,i think bitcoin will make big chance for everyone,creat more profit,creat more business,but if it is lending,it really ruins a country,i hate lending,many my friend lose much money because bcc,hxt,rec

ciarneil01

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Not really, because a lot of people are earning profit through bitcoin and also for me in my country bitcoin is Legal and it is tax free unlike China and US they banned bitcoin theyre respective country, so for me it can't ruin a country instead it can be a new opportunity to those who are using bitcoin.

svendoto23

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Activity: 218

Merit: 10

It won't really ruin any country economy but it can help it gain profit and a new opportunity for the people that will be using it. It's their decision if they will have rules or regulation on how the people can use it in their respective country. If they want to implement a tax for having bitcoin they can do it if they want too.

Lintel

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Merit: 300

Quote from: hurain on January 31, 2017, 03:25:05 AM

Quote from: FlightyPouch on January 30, 2017, 10:28:52 PM

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?

bitcoin is not going to ruin a country, bitcoin is providing opportunities to its people for investment and trading, so bitcoin can be a good tool to increase the status of a country economically. i 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.

bitcoin is a cryptocurrency that helps people to earn. an opportunity that a people can have an investment in the future. Like me I've been here in bitcoin without any money when I started here. I mean I don't invest but in a months time I've got my coins here in which I traded and got a cash . so why it can ruin a country? well in fact it heps the people if every country who allows bitcoin.

jessiederecho98

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Activity: 102

Merit: 2

0xF3D1641d0A3511367999969D4b956343cc85f704

for me it will not ruin one's country .because in my opinion bitcoin can help people . there will be no tax ? the leader of the country must decide to that if bitcoin must have a tax . i think there will be because taxes is the source of making projects

tlustoprd

newbie

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Of course. Just wait for its price to go up, for the Venezuelan government to start using their Petro stuff, and for bitcoin's price to crash again.

Quazi1107

newbie

Activity: 20

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If bitcoin become a currency and doesn't pay txes then yeah uts enough to ruin a country.

jamesscorpin88

newbie

Activity: 70

Merit: 0

It is real and practical question. Actually there is no tax on Bitcoins that government of a country asses on it. This practice is not well for a nation. Obviously, this will create bad influence to national economy. As a result the market will unrest.

jonaire99

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All currency are designed as payment to any transaction and are made to ruin a country. However it can be use by any group to fund any illegal activity or some plans that could destabilize a country. Government can not effectively monitor any cryptocurrency movement because of its decentralized nature.

19faraon88

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Activity: 252

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No it cannot!!! Bitcoin is helping people to earn/generate income, so why would you think bitcoin will ruin a country. Put yourself on that question, did bitcoin ruin your life? It isnt right!? In fact bitcoin helped you to lift up your life, or even turning you from broken to a rich one. See, so how does a question like that exist??? What a crazy question!?

nicwenzel

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Activity: 68

Merit: 1

Anon

No. Bitcoin will save the worlds nations from greedy central banks.

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