For example sovereign issuers of fiat currency insist that taxes are paid in their fiat currency.
Because that's what really makes a currency once we get past the facile "a unit of exchange" chat.
For example sovereign issuers of fiat currency insist that taxes are paid in their fiat currency.
Because that's what really makes a currency once we get past the facile "a unit of exchange" chat.
You could find a shop that takes bitcoin. You buy all your food there. Life is good, you are sat with your girlfriend eating croissants from this store. There's someone at the door. It's the government. Taxes time.
Your point about the state having a monopoly on violence is critical. They want their taxes, they will send you a letter. Then another letter. Eventually they send a guy with a gun.
I don't necessarily have a problem with the state having that monopoly. I'm not some raving libertarian. But the failure of bitcoin advocates to understand this distinction is wearing.