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RE: 4 Ways in Which Blockchain Will Change the Music Industry

in #blockchain7 years ago (edited)

I think there will always be piracy because it would be impossible to prosecute all individuals involved. How will the blockchain deal with taxes? I think in these early years, tax isn't an issue that's taken seriously but that will probably have to change.

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I think taxes also could be charged based on the information saved in the blockchain. That will depend on the protocol made for the specific use I guess