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Topic: Revolution or a new start? (Read 1325 times)

Ucy
sr. member
Activity: 2576
Merit: 401
April 06, 2019, 04:17:08 AM
Well, the government the company paid to will sell the Bitcoin for its native currency. This is the problem with selling to government agencies. Not sure if any government has a legitimate Bitcoin reserve. Their reserves are on their native or dominant foreign currencies
hero member
Activity: 1358
Merit: 509
April 05, 2019, 07:36:08 PM
Finally US company pay his business tax via BTC so, we can say it's a good start of BTC in future..

I think this company started new revolution so that other company too think of paying tax or payment via BTC. If companies started pay via BTC then other country definatly accept BTC too.

What you guys think of Overstock participate or i can say start revolution in BTC world.

I honestly think that it is a small step for crypto since paying tax via crypto in U.S. is not a news that we hear every day, especially it's not just an individual tax, it is a corporate tax. Let's hope that this can somehow be an eye opener not for just some businesses, but also individuals to start adapting crypto in their daily routine.
I also guess it is like the first steps of crypto. Testing crypto in Canada and the use of crypto in the transport of Ukraine are the recent developments. As time goes by, it will increase even more, and then we can see it as a revolution.
sr. member
Activity: 1330
Merit: 256
April 05, 2019, 07:03:19 PM
Since mid 2018, several regions in the United States have received tax payments with BTC and BCH. The government recommends paying taxes using BTC on the Bitpay platform. the American government made this decision because the use of virtual currencies would help the county prevent credit card fraud and identity theft.
I see this as a good first step in getting into the digital world.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
April 05, 2019, 03:04:14 PM
Finally US company pay his business tax via BTC so, we can say it's a good start of BTC in future..

I think this company started new revolution so that other company too think of paying tax or payment via BTC. If companies started pay via BTC then other country definatly accept BTC too.

What you guys think of Overstock participate or i can say start revolution in BTC world.

I honestly think that it is a small step for crypto since paying tax via crypto in U.S. is not a news that we hear every day, especially it's not just an individual tax, it is a corporate tax. Let's hope that this can somehow be an eye opener not for just some businesses, but also individuals to start adapting crypto in their daily routine.
full member
Activity: 565
Merit: 100
BountyMarketCap
April 05, 2019, 02:57:23 PM
if that is true then it will be good news for bitcoin and can grow the price of bitcoin,and if a large country does a revolution then that is an important point for bitcoin because some other countries will follow,but I think that requires a long enough stage.
sr. member
Activity: 952
Merit: 308
April 05, 2019, 02:45:18 PM
The US has always fostered a new revolution, even the world knows every revolution developed by the US. But not all US-developed revolutions can be followed by other countries, sometimes there are countries that conflict with the revolution so don't expect more that all countries in the world will follow this revolution.
As long as crypto can still be enjoyed in my country, I will still continue to be grateful while waiting for other crypto developments in the future
legendary
Activity: 3164
Merit: 1187
April 05, 2019, 10:44:53 AM
I think something new appears after a revolution , right ? So cryptos are a monetary revolution yes but in the end I think bitcoin will be regulated and controled so watch out for new coins that are fully decentralized , both can bring you a new start.
hero member
Activity: 2464
Merit: 644
Eloncoin.org - Mars, here we come!
April 05, 2019, 05:33:51 AM
Finally US company pay his business tax via BTC so, we can say it's a good start of BTC in future..

I think this company started new revolution so that other company too think of paying tax or payment via BTC. If companies started pay via BTC then other country definatly accept BTC too.

What you guys think of Overstock participate or i can say start revolution in BTC world.

Yeah, it is a good change and also it is not firstly company who work with bitcoin. I already know most of the companies are working with bitcoin. But it is good for us and also for bitcoin and also i wish this way will be continued because we need it more.   
full member
Activity: 714
Merit: 100
April 05, 2019, 05:06:33 AM
Finally US company pay his business tax via BTC so, we can say it's a good start of BTC in future..

I think this company started new revolution so that other company too think of paying tax or payment via BTC. If companies started pay via BTC then other country definatly accept BTC too.

What you guys think of Overstock participate or i can say start revolution in BTC world.

well, that's a great thing to hear! it could be a new stage in btc adoption.
full member
Activity: 784
Merit: 101
The World's 1st Waste to Green Energy DLT Project
April 05, 2019, 04:56:10 AM
For me personally, it is part of the progress of a technology. Slowly but surely, he will revolutionize the existing old system
copper member
Activity: 482
Merit: 1
April 05, 2019, 02:16:02 AM
This is a very good one although it’s not the first one that will take such step. However, this means there is more to come concerning bitcoin adoption from major company and organizations. There is great future for bitcoin as the revolution is just starting.
full member
Activity: 608
Merit: 100
April 05, 2019, 01:47:14 AM
this is something or very good news for the future of bitcoin, and bitcoin will soon experience a lot of progress if every company pays taxes with bitcoin, because there will be a big revolution in that way.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
April 04, 2019, 09:34:36 PM
It is all about the understanding, some governments never have any plans to make a research and analyze the need for such a development. From my understanding governments which adopt earlier will get the best out of it. Already few countries have created their own cryptocurrency itself. In the coming years we'll see more similar news.
hero member
Activity: 1106
Merit: 506
April 04, 2019, 08:34:28 PM
yes this is good news. more and more companies and institutions such as taxes can accept bitcoin as a means of payment. it will make the news about bitcoin even better. if the news about bitcoin is positive it will affect people to buy and make the price of bitcoin increase. this also proves that every year more and more companies are using bitcoin. and make bitcoin more popular.
sr. member
Activity: 1246
Merit: 255
April 04, 2019, 04:43:56 PM
Wow, that's a welcome development.
So good to hear that. Government approving paying of taxes and other transactions with bitcoin will encourage quick development of bitcoin. If other countries to can go along with trading with bitcoin and making payment of bill. It would so much help.
newbie
Activity: 678
Merit: 0
April 04, 2019, 08:06:00 AM
if this attracts more people to use bitcoin, other companies will join and will use bitcoin too. In addition, this is a good start for bitcoin especially that the company is in the US because the US is one of the giant countries and maybe other big countries will do the same. And soon, other parts of the business will give time to research using bitcoin as a payment system let's wait for the future to come, those who oppose it today will soon join us ..
newbie
Activity: 6
Merit: 0
April 04, 2019, 07:34:51 AM
政府不认可虚拟币的合法合规性,但认可条的基础技术原理,矛盾
legendary
Activity: 1596
Merit: 1011
April 04, 2019, 07:02:41 AM
We all must dare to start a new era, an era where digital currency becomes a major actor in the world financial system. technology has become increasingly sophisticated and the financial sector should be renewed. digitalization is a thing that must be applied globally quickly and precisely. Access to infrastructure as well as adequate network facilities can be a reference for why we need digital currencies. we can start from urban areas and then spread it to much wider areas. this is a need to support a much higher generation of technology.
full member
Activity: 672
Merit: 105
April 04, 2019, 07:02:03 AM
When large companies revolutionize their business by involving Bitcoin in it, of course this is very good news, with more and more companies already using Bitcoin hoping that crypto values ​​will be high.
hero member
Activity: 3038
Merit: 647
April 04, 2019, 05:42:24 AM
The bitcoin it self is a revolution in the world financial system and at that what ever has to do with it is all revolutionary in features for a company to pay it tax using bitcoin it shows bitcoin have indeed gain the recognition of the general public and even cooperation. Great news there looking forward to more companies adopting this medium also.
Companies are govern by law, they need to follow as the government grant them permit to operate.
 
For them to adopt bitcoin, the government also needs to regulate exchanges which is use for exchanging fiat to BTC, or BTC to altcoins, etc.
With government regulation, companies will not doubt to use this even if it's a new technology, maybe we can solve the volatility issue and this will be widely used as a payment system, investing also would be attractive as the pump and dump will be reduce or eliminated.
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