Reality bites,
but VR doesn’t.
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- On a global economic scale, with growing popularity of virtual universes and marketplaces, we might be witnessing the naissance of a whole new economic paradigm. We’re talking here no less than the quintessence of post-industrial economy era — a virtual economy space with goods and services bought at virtual marketplaces that might partially substitute the real economy sector.
Governments are trying desperately to prevent it from happening.
A Supreme Court ruling heralds the end of tax-free online shopping
Suppose that 'virtual goods' were NOT purchased with government fiat? Suppose tokens were used instead.
Then what would happen?
OH WAIT.
We're doing that on Steemit right now.
Use SBD's to buy a thing. It's shipped to you. The only fiat used was for the shipping. If the 'thing' isn't a real thing but virtual (ebook, video, etc) then fiat is never used.
What will the governments do then?
Ya have to feel a bit of sympathy for them really, don't ya?
😂😂
no
Please upvote: https://steemit.com/free/@bible.com/4qcr2i
Technically you would still owe sales taxes even if you used a currency other than USD. That ruling is more about Amazon getting a free ride over brick and mortar establishments for no reason at all. So in your scenario eventually the seller would get busted and have to pay the sales tax.
if you redeemed green stamps to get a toaster.
did you pay taxes?
toaster stamps?
sorry...I suppose you're too young to remember green stamps.
indeed, have you a more recent example?
coupons
read the fine print on coupons, "may not be sold redeemed or transferred" "cash value 1/20 of a cent", I am sure that is why that is there.
that language is not on the coupons that my wifes company issues and redeems.
(there are a great many coupons..they are not all the same)
BUT...you miss the point.
do a thing ...get coupons...redeem them for something else...redeem that for cash.
sound familiar?