Topic: My dream for bitcoin - page 8. (Read 1613 times)

Well I ain't American either, but every country pretty much has their own version of the IRS(unless your country doesn't require taxes).

There's a difference between normal people like us and huge businesses like Amazon though. And wait, Apple and Google does pay their taxes. It's Amazon that currently doesn't.

Impossible if you want bitcoin without rules and can be legal in all countries.
Each country has concerns about cryptocurrency including bitcoin because it is anonymous, so they need to make rules so that bitcoin is not misused.
No one can guarantee if bitcoin will be used for crime, especially if without rules.

^ I dunno until when we are dreaming about bitcoin going to the main mainstream, we are already approaching ten years celebrating of Bitcoin but so far there is a lot happening just like make bitcoin in bad image. Scamming, Fraudulent, and Money laundering most likely some cases happened. So, the future will be like these. Bitcoin will turn to zero value or bitcoin will lead in all local currencies and it will be used in all aspects as the main currency, just something like that. Nevertheless, in my mind, since bitcoin is decentralized this is impossible to collaborate with the government and accept it as the main currency. Probably, there will be regulations happen on the individual holders in bitcoin and forced to pay taxes.

Your IRS doesn't apply to me, don't assume that everyone is American here, lol!

Now go and give some more money to Uncle Sam, he needs it to bestow Democracy with killer drones!

Tim Cuck and Jeffy Bezonos do not pay taxes as well as Google doesn't, ahahahahah!

Indeed they may audit you, but you can easily hide funds as well in undeclared wallets. Merchants could do that too. I see taxation as an uphill battle for governments. Perhaps VAT is doable, but income tax is pretty much voluntary.

You can have two wallets, one declared, one hidden. Use the hidden one for your "foreign" activities, maybe freelancing, trading etc. That's the wallet where you make most of your money, the State unable to trace it back to you. From that wallet you can send small amount to your declared wallet, and pay little tax on that. You use the declared wallet to pay bills, buy food, etc.

The other thing that might work is luxury items tax. Ie. for owning large properties or expensive cars. Since those physical objects they can easily get access to, as long as those are within national borders.

But in the end all i see is a reduction on tax income, because the State does LOSE control, which is the point of Bitcoin and the very reason it came from a cyber anarchist circle in the first place.

Perhaps the solution to a Bitcoin based reality would be along the lines of more privatization and less taxation. Since the State can't reliably tax things anymore, better get rid of it entirely. Of course, people would then need to pay for security, roads, etc directly. It might even be more fair, if you own a car you pay a tax voluntarily, kinda like owning a tv in the UK means you pay a tax for it (So we foreigners could enjoy Monty Python and Doctor Who for free )

(TL;DR) In short a form of anarcho-capitalism.

I mean, bitcoin can be decentralized even with people paying their taxes. It's really not even connected in whatever way. Bitcoin is a currency for everyone, not only for specifically people that are sort of "anti-government" or anarchistic.

No comment about this statement lol. You can look and feel smart for not paying taxes, well, until the IRS comes knocking on your door.

That's why all this decentralization and talks about Bitcoin changes anything are laughable, people have to stop paying taxes all together, then talk about decentralization!

But smart people don't pay taxes anyways, hi there Tim Cuck!

Would be great to randomly get a few k's of Bitcoin on my address, Santa, get on it asap!

I have dreams of bitcoin as well but I think it will be hard to fulfill because there is a lot to change in the world before we see bitcoin replacing fiat currency. Just like having your own internet connection, your own mobile phone, your own personal computer, we all know that others cannot afford it. And before that happens everyone should be supportive of this change so we can easily see that bitcoin will replace fiat currency.

Sorry to burst your bubble(hehe), but it's really pretty much impossible for bitcoin to have no government regulations. Heck, I can almost guarantee it that more countries are going to ban bitcoin(probably temporarily) once they feel threatened enough by bitcoin. Probably a better and more realistic sort of "dream" would be for the governments to declare bitcoin as legal tender, and to implement sort of "fair" tax laws concerning bitcoin and cryptocurrencies. Yea taxes suck, but let's be real here. They're going to make money off the taxes as much as they can.

We all have dreams for bitcoin that someday we will be able to use this coin freely and no other things to think since its already accepted by the society, and the government already stop holding bitcoins neck and allow it to be use without any policy or regulations, here is my dream this is how it will be organize
1 . BTC will be the primary money all over the world all the currency will be just secondary
2. All the world currency will be exchange to bitcoin slowly until its all illiminated
3. Altcoins will be use for very country and bitcoin as its Superior
In this form bitcoin will be the global currency, no one will control it no regulations, but will penalized who wouluse it in bad intenstions
rules will only apply to it not bitcoin totally,
I have an image here this is what I submit in 10th aniversary but this will illustrate how bitcoin will dominate
the world with the man with the mask of bitcoin who represents the people, and bitcoin over in the center of the world



This image is only my representation and a goal for bitcoin in the near future
feel free to give your opinion