~21 million BTC
~300 million citizens
Sure...
Topic: Tax effect (Read 731 times)
Hopefully they choose scenario a) so that those people who aren't dumb/sociopathic enough to actually pay Bitcoin taxes to murderous, incompetent governments would benefit from Bitcoin deflation.
Having seen a lot of creative posts
Creative? Is that a creative term of absolute bollocks? Because that is what your post is.
Having seen a lot of creative posts on this forum, I'd like to see some describing how the following hypothetical scenario would play out:
1. The US bows to the bitcoin community and declares bitcoin legal tender
2. Shortly after announces that citizen income tax in USD has been abolished, instead each citizen must pay 1BTC in tax.
3 Either:
a) They do NOT sell the bitcoins collected back into the market. Rather they are destroyed.
b) They start paying their expenses (and debts?) with the bitcoins collected
c) Be creative and make up some scenario
1. The US bows to the bitcoin community and declares bitcoin legal tender
2. Shortly after announces that citizen income tax in USD has been abolished, instead each citizen must pay 1BTC in tax.
3 Either:
a) They do NOT sell the bitcoins collected back into the market. Rather they are destroyed.
b) They start paying their expenses (and debts?) with the bitcoins collected
c) Be creative and make up some scenario
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