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by Kiro
3310 days ago
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Still, are those benefits really worth it? Seems pretty minor to me but maybe I fail to see the bigger picture. Sounds like these things can be achieved easily with traditional money as well (like how it works in South Korea, where the social tipping you speak of is very popular). How are states supposed to collect taxes if they can't see anything? |
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I am no bitcoin evangelist by any means, but I do try to see both the positive and negatives. With taxes I have a feeling in due time because of the "recorded" nature it will be even easier to track than cash. How is the government supposed to collect taxes if I sell someone a baseball card for $1000 cash? I personally would pay taxes on cash or crypto just to avoid any hassle.