Quote:
Originally Posted by The Fonz
I struggle to see a future where cryptos are a legitimate currency. Wouldn't this cripple our economies? Imagine all of our government's lost tax revenue... how will we maintain infrastructure, education, healthcare, etc.
I'm open to having my mind changed - I really only started paying attention to this market about a month ago. I'm leaning skeptical though... I believe our governments would/will make crypto sales/purchases highly illegal before losing out on all of that tax revenue.
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Why would the government lose revenue? If cash didn't exist all transactions could be tracked and taxed.
Bitcoin isn't at all anonymous....