Bitcoin Considerations
Define what can be paid with electronic money (Bitcoins) and what cannot...
Define where you can pay what can be paid in Bitcoins...
Define where and how the data or payment transfers will be stored...
Define what is right and wrong with payments made with electronic money...
Define what happens when it is verified that someone did not make good or good use of electronic money...
Define how transfers between miners are verified...
Define if all legal transfers enter through a government blockchain....
Define the possible payments that can be made with electronic money in order of priority...
Define if everyone is obliged to make a payment in electronic money or if it is related to the possession of electronic money...
Define whether to intervene from the group to the individual, from the commercial or business to the personal...
Define the providers of electronic money and solve the origin and doubts related to these issues...
Define who can and who cannot offer electronic money...
Define if only the public sector can distribute electronic money or if the private sector can also...
I would think that if a government wants to have some kind of control or payment and tax systems for those who use electronic money, they should do so through a public blockchain of the government or the country.
This means that there must be a payment registration system where the inhabitants can pay the tax either in cryptocurrencies or traditional money (convert to the tax currency) when paying the tax an invoice and utility nft is generated for that other individuals buy the nft to access extra statistical information about the individual who paid the tax... The idea is that the payment of the tax is also an nft with useful information for companies that buy analytics from the inhabitants of a country. So the same tax will generate profits...
To be continue....
By LAEV
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