I wonder what price will be in one bitcoin, and how many people will use it. 
Topic: Let's suppose that Bitcoin became universal (used everywhere you go) - page 12. (Read 25646 times)
July 18, 2018, 02:41:14 PM
I'm going to keep my bitcoins I wonder what price will be in one bitcoin, and how many people will use it.
I wonder what price will be in one bitcoin, and how many people will use it. July 18, 2018, 01:47:11 PM
There are many dreams in this life and one of the dreams is that to bitcoin is being accepted by every country and everywhere in this world. Nice dream is in it? Though there are lots of country in this world who finally allow Bitcoin in their country its good things because as technology advance people will depend more on technology. As day advance people love to invest their time online. People are depending more on virtual world. Then there must be some strong terms and conditions should be included to its better future coz here we are talking about the future and its necessary to including taxes with using terms and conditions. More like future is future lets hope for the best and think positive about this matter.
July 18, 2018, 03:17:24 AM
If BTC replaces fiat, I'm expecting taxes - again....
July 18, 2018, 03:13:44 AM
Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
Every product that sell on merchant or restaurant, its attached taxes by government and call VAT ( Value Added Taxes). Government should not worry about this because every bitcoin transaction recorded and its much more easier for government to collect taxes from every transaction
July 18, 2018, 01:09:24 AM
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
Bitcoin to be universal must be regulated by government for the welfare of all. But thinking of it as means of payment of products and for our daily needs, i think not all can really use it easily because we also have to consider those people who didn't even have know how in IT.
July 18, 2018, 12:18:32 AM
I imagine bitcoin become universal, I think it will make bitcoin to be accepted in all country and the chance for bitcoin to be used as a new currency is wide open. we might see that will be many stores online and store offline that will accept bitcoin as the new payment system so they can have the more potential customer that will buy in their shop. and in the customer side, if they are travel to the other country, they don't have to carry a credit card or debit card or physical money, they only need the hardware wallet which we can use our Android phone and they can make a transaction if they want to buy something.
July 17, 2018, 07:05:25 AM
when bitcoin became universal it will be accepted by all as a legal tender which can be exchange to any goods because it is accepted by all and we can say bye bye to the paper moneys that is circulating in our country in which way we can save also the environment
paper money is irreplaceable. this is a global agreement to keep using paper currency. trade between countries using fiat currency as the official exchange rate.Well here's the thing, crypto can and probably will be universal but that doesn't necessarily mean paper money will be obsolete. These two have some functions that are specifically for their uses. Digital may be the new norm in years but fiat will be as well.
July 16, 2018, 08:24:48 PM
when bitcoin became universal it will be accepted by all as a legal tender which can be exchange to any goods because it is accepted by all and we can say bye bye to the paper moneys that is circulating in our country in which way we can save also the environment
paper money is irreplaceable. this is a global agreement to keep using paper currency. trade between countries using fiat currency as the official exchange rate.
July 16, 2018, 07:27:38 PM
when bitcoin became universal it will be accepted by all as a legal tender which can be exchange to any goods because it is accepted by all and we can say bye bye to the paper moneys that is circulating in our country in which way we can save also the environment
paper money is irreplaceable. this is a global agreement to keep using paper currency. trade between countries using fiat currency as the official exchange rate. 
July 16, 2018, 06:59:53 PM
when bitcoin became universal it will be accepted by all as a legal tender which can be exchange to any goods because it is accepted by all and we can say bye bye to the paper moneys that is circulating in our country in which way we can save also the environment
July 16, 2018, 05:04:49 PM
Well,this is one of the greatest aims of the crytocurrency industry but the long run effects like loss of taxes cannot be underestimated. But let me ask largely, is our taxes really used the right way?People are using our taxes for their advantage. Making and fating themselves.We still have a lot of problems the tax payer go through yet the taxes are collected daily,weekly and monthly. What are they used for.I believe that we will be able to manage things one day without taxes.
There would be further limitations put on how we currently handle bitcoin, and businesses would be forced to suck it up and play by the rules. After all, bitcoin would no longer be “new” or “different” or “lonely.” It would classify as “regular” currency. Such action might even lead people to become nostalgic for the money they once used, whether it’s the euro or the yen or anything else, and many might find themselves attempting to use traditional currency in the same way they’re using Bitcoin now.
July 15, 2018, 05:49:26 PM
Well,this is one of the greatest aims of the crytocurrency industry but the long run effects like loss of taxes cannot be underestimated. But let me ask largely, is our taxes really used the right way?People are using our taxes for their advantage. Making and fating themselves.We still have a lot of problems the tax payer go through yet the taxes are collected daily,weekly and monthly. What are they used for.I believe that we will be able to manage things one day without taxes.
July 15, 2018, 04:08:58 PM
thats the goal right? for bitcoin to be universally acceptable and used for transactions. lets forget the government they always know how to get their taxes. if that been tghe case, a new blockchain system can be developed that will make bitcoin taxable.
July 13, 2018, 03:03:29 AM
The universality of bitcoin lies in the fact of its adaptability with nations but there is a drawback that when the currency becomes universal the countries in specific will be of less importance, politics will have not a relation with the economics affecting the country since that will be international,
July 11, 2018, 06:14:02 AM
I understand this as a concern, and this is why some countries still forbid crypto.
The government is afraid of losing taxes, maybe one day bitcoin and alt coin holders have to pay taxes.
The government is afraid of losing taxes, maybe one day bitcoin and alt coin holders have to pay taxes.
July 11, 2018, 04:00:26 AM
Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
it cannot be, the price is highly volatile and unstable, imagine getting your salary for fix rate then suddenly the price of bitcoin fluctuates on a higher or lower value, it will be a big problem for the company, if govt cannot collect taxes anymore, the govt may collapse due to their expenditures that depends on consumer's taxes. may be this is way too far to become a reality.
July 11, 2018, 01:53:54 AM
I think that between the government and the holders of the crypto currency will be concluded some agreement, which will be something like a new kind of taxes. Or the government will also accept payment of taxes in the crypto currency.
Yeah absolutely right. This makes sense to everyone. Definitely to remove this deadlock some steps are about to be assumed from both corners. If bitcoin development team isn’t coming one step further and if governments aren’t getting one step back, how c. on this matter be solved. So better is to make things good and for that compromise must be made with some good terms. July 08, 2018, 05:14:14 PM
Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
For me I think more convenient for us if that happen but we need to consider the some circumstances because not all can't use btc. Actually some of are happening now like using bitcoin as payment and paying a salary in bitcoin it depends to the discussion of a employees and employers. Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
July 08, 2018, 04:34:59 PM
For sure for all the bitcoin community it is what were waiting for the legalization of bitcoin to used bitcoin everywhere and become accepted universal.But i dont think what will happen to the goverment if they can not get taxes from bitcoin.Tax is very important this is where goverment get funds for the salary of goverment employee,and many more.I think because they cant get tax from bitcoin they will do they will put tax on all product.
July 08, 2018, 04:18:19 PM
This is quite possible, right now according to the world bank bitcoin is being used by one in every six people around the globe that is more than a billion people with internet access, it is on the exponential verge of being adopted universally and when it does, it will promote globalization
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