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RE: What would happen if all websites started relying on Hive to publish content?

in #steem7 years ago (edited)

If I were dictator, this is how Steem income would be taxed:

The Finnish Tax Authority would have an account on Steem, say @taxfinland, and it would run bots to track all transactions by known residents of Finland. It would calculate the taxes owed according to easily understood and sensible rules. It would send a weekly bill in a message which could be paid in STEEM or SBD. It would power up some of the taxes paid, which would most likely make it a large stakeholder eventually. It would replace @suomibotti and dole out big upvotes to every tax paying account. :)

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I would actually prefer an automatic taxation to a weekly bill.

Impossible to do on the Steem blockchain unless you authorize a bot to transfer money from your account through SteemConnect. I'd prefer not to do that. But maybe a smart contract on SteemEngine could do that in a decentralized manner. But if you get a bill, at least you can check it first for errors and not pay until possible mistakes have been sorted out.

I so much agree with this comment. One of the things most people enjoy on the platform is that no-one except them has control over their account so, an automatic taxation would defy that.

As much as I would have loved your idea, it's so painful my country's eyes are not yet open to the blockchain world.