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Topic: Revolution or a new start? - page 3. (Read 1325 times)

member
Activity: 458
Merit: 10
February 20, 2019, 06:06:32 PM
if the company pays tax using bitcoin, I am sure it will be able to make bitvoin more advanced and will bring bitcoin more prosperous, with prices that will be able to continue to rise.
legendary
Activity: 2842
Merit: 1253
Cashback 15%
February 20, 2019, 06:01:46 PM
Yes, it's a new revolution in the taxing business and soon, if this is attracting more people to use bitcoin, the other company will join and will use bitcoin too. Besides that, it is a good start for bitcoin especially that the company is in the US because the US is one of the giant country and maybe the other big country will do the same. And soon, the other business section will give time to research using bitcoin as the payment system (or they already had this). It is good news for people who have bitcoin so they can use bitcoin to pay the tax and they can save their money for another thing.

It is great but I wonder why would a company buy bitcoin and pay their taxes with it if their businesses have nothing to do with cryptocurrency? Bitcoin price is very unstable and very volatile, will it be preferable for them to buy bitcoin and pay their taxes with it or just pay the government with the money they have from their businesses. If it is me, why would I spend my bitcoin if I ever have in taxes, or why would I buy bitcoin to pay tax, what if bitcoin price suddenly rises or fall, will it still be better? I would rather safely hold my bitcoin instead of giving it to the government for my tax.
copper member
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
February 20, 2019, 05:50:41 PM
What the US firm has initiated is truly a good thing. Already there were so many small scale firms doing the same upon the wish of the employees. Now this will help with the increasing adoption of bitcoin worldwide as well into the usage of bitcoin same as the fiat. A farm in Indonesia paid his employees with bitcoin as they found it easier to transact to their families living away. It is truly a part of the revolution.
I hope those people knew the risks of accepting payment in bitcoin/crypto currencies. I know accepting crypto currencies is sounds all cool, but still there are drawbacks. First of all the volatility can become a ugly issue for the employees. The price might drop anytime and thus they might end up being in serious financial issues all of a sudden. Again, fiat conversion but become a hassle for them. We still need to develop more in this field before we can completely accept it as a normal currency.
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
February 20, 2019, 05:21:56 PM
It is not a new start and I don't think it's a revolution but it's an adoption. This is what the market needs, it's not a start for me because it has started even before. Transactions that accepts bitcoin are more of adoption and this is one of the adoption that we are waiting for.

Its good to see that US companies are starting to use bitcoin. Seeing this other countries will also start adopting bitcoin as a source of payment. Yes, we can say that it is a kind of revolution.
They will do the same for sure in the future, most countries are following the trend and they are all waiting for a trusted country/company to initiate it.
legendary
Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
February 20, 2019, 10:20:51 AM
What the US firm has initiated is truly a good thing. Already there were so many small scale firms doing the same upon the wish of the employees. Now this will help with the increasing adoption of bitcoin worldwide as well into the usage of bitcoin same as the fiat. A farm in Indonesia paid his employees with bitcoin as they found it easier to transact to their families living away. It is truly a part of the revolution.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
February 20, 2019, 09:50:47 AM
That is very good, the steps taken by the company prove that the presence of BTC can also be useful for life, and issues that say negative things about bitcoin are just nonsense. let data and facts talk about positive bitcoin for now and in the future.  Cool
I rate bitcoin will open a new history as a digital currency that is widely used in the next decade. I am optimistic that this will happen.
So it is not a revolution run by bitcoin, but an alternative to fiat money is in line with the development of an increasingly advanced era where many transaction processes use digital technology.

Well that may take the long road dude. I can't really say it's a start since online transactions are being done already with fiat but i think time will come when it will revolutionize the way we transact online. I guess that's the difference. We won't be seeing that yet i suppose but eventually btc will be a potent alternative.
jr. member
Activity: 336
Merit: 1
February 20, 2019, 08:10:50 AM
At this price, we can expect Bitcoin mass adoption and more financial institutions and even governments showing interest in bitcoin is increasing for next bull run we may see more adoption  happen we are in beginning of revolution
member
Activity: 148
Merit: 10
February 20, 2019, 09:27:37 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.

In my opinion, I could say bitcoin in that case will have a new start. Since the US country is a big country, and let's say that the US has a big influence to the other country. So, as the US starts to believe and uses bitcoin for payments, maybe other country will now soon use and start to know the world inside the digital currency.
full member
Activity: 714
Merit: 114
February 20, 2019, 08:36:48 AM
This bitcoin taxation is early start for bitcoin revolution and it could be snowball.

do you know what you are talking about ? bitcoin taxation is bad for bitcoin users and majority of the people are not going to agree if they will be going to charge by a tax . because bitcoin is created to escape the centalization at the first place  . so do you think this can still make a snowball ?

In digital world, people prefer make transaction more faster and secure and bitcoin is good option if used as internet currency

agree on this one but i it think bitcoin isnt alone to be the best payment for online use .  bitcoin isnt really fast and secure because there are still waiting times for confirmation of the blocks  .  you can also be traced by anyone and they can stalk you and your balance when they click or search your btc address  .
member
Activity: 336
Merit: 12
February 11, 2019, 03:44:59 AM
I hope in the future many more countries will start demanding for bitcoin use,this is a good start of something futuristic, I'm so bold enough to say success is only what waits ahead for bitcoin ,blockchain and cryptocurrency in general
member
Activity: 349
Merit: 10
February 10, 2019, 11:37:47 PM
That is very good, the steps taken by the company prove that the presence of BTC can also be useful for life, and issues that say negative things about bitcoin are just nonsense. let data and facts talk about positive bitcoin for now and in the future.  Cool
I rate bitcoin will open a new history as a digital currency that is widely used in the next decade. I am optimistic that this will happen.
So it is not a revolution run by bitcoin, but an alternative to fiat money is in line with the development of an increasingly advanced era where many transaction processes use digital technology.
legendary
Activity: 1526
Merit: 1001
February 07, 2019, 09:58:31 AM
Yeah, it's a great start that will force more accountants to understand blockchain and BTC. I just hope that there is enough qualified ppl who will educate them in formal way about it. Atm I'm noticing more and more companies running training for those individuals but they are not doing it properly (still to high tech for most ppl)
Things like this have to be improved because with the increasing knowledge about bitcoin and cryptocurrency, it will make the development of the direction of cryptocurrency faster and more evenly used by many people around the world.
sr. member
Activity: 700
Merit: 250
February 07, 2019, 09:55:20 AM
When have many company want to working with bitcoin will be positive news and make bitcoin price will growing up, we hope not only company at United State want to work with bitcoin, but around country do the same thing,

we all hope that every country can work in bitcoin. but sometimes the situation is certainly different from what we predict. so sometimes every thing we want is not necessarily right. so it takes a long process so that every country can work with bitcoin. because for me bitcoin is also quite profitable for the company.
newbie
Activity: 4
Merit: 0
February 07, 2019, 09:14:29 AM
Yeah, it's a great start that will force more accountants to understand blockchain and BTC. I just hope that there is enough qualified ppl who will educate them in formal way about it. Atm I'm noticing more and more companies running training for those individuals but they are not doing it properly (still to high tech for most ppl)
hero member
Activity: 924
Merit: 501
February 07, 2019, 08:48:46 AM
I think it's good news especially with the current btc position. We should have more companies
like that who could revive btc
and it will grow still stronger and more stable
jr. member
Activity: 205
Merit: 1
February 04, 2019, 12:16:23 AM
Bitcoin is a currency that started a revolution but in order to continue that there should be adoption in large scale and I am not saying one or two companies trying to combine bitcoin with there activities for payment purposes but it should be happen in a large scale which can make big difference in our lives by improving how we spend our money and how we manage and store them but in order to that to happen users first change there view regarding bitcoin and the way how we use it it will change bitcoin to a revolution
sr. member
Activity: 1190
Merit: 259
February 03, 2019, 11:34:00 PM
That is very good, the steps taken by the company prove that the presence of BTC can also be useful for life, and issues that say negative things about bitcoin are just nonsense. let data and facts talk about positive bitcoin for now and in the future.  Cool
member
Activity: 700
Merit: 10
February 03, 2019, 09:11:45 PM
The revolution has begin , less that one  percent  is world population knows about bitcoin and other crypto currency  gradually bitcoin and Altcoin is getting popularity  across the globe .. Right now we are in digital  world every thing is moving from physical  to digital. when  talk about digital  money  is all about crypto Currency so nobody  can ever  stop bitcoin .. lets wait for the future to come , those who are against it today will join us every soon  ..   

This bitcoin taxation is early start for bitcoin revolution and it could be snowball. In digital world, people prefer make transaction more faster and secure and bitcoin is good option if used as internet currency
full member
Activity: 343
Merit: 100
February 03, 2019, 07:39:53 PM
Okay, there are two sides. From one point of view, with the entrance of government new money will enter the market so the capitalization will increase. But on the other side Satoshi created bitcoin as a currency which isn't under control from any government.
full member
Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
February 03, 2019, 07:28:01 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.
This can be considered a big coup that can help Bitcoin change its mind and accept it as legal. But this also helps us know that in the future those who own Bitcoin will have to pay the required taxes for holding it. This is a great thing to help it grow, but it restrains it.
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