Post
Topic
Board Speculation
Re: Automated posting
by
bargainbin
on 24/02/2016, 21:23:30 UTC
it's OK tho, when LN comes out fee will go right back to 1cent, because it will relieve a lot of pressure from the blockchain

LN is designed to improve scaling. Fee reductions are just a consequence of being able to conduct more transactions.

Remember how the US$ got bootstrapped? the Gold Standard?
Gold standard's long gone.
People still use LN USD Smiley


yeah... and because of it we amaericans have to pay #abusivehightaxes

Nonsense. Abusive taxes can (and were) charged long before the end of gold standard. [Britain's] Abusive taxes were the justification for the American revolution, remember?


we are paying the highest taxes the world has ever seen ever.. i do not really owe the IRS 30+% of my income...... the usa needs a Magna Carta ... put me in the govys database of revolutionaries please!

More nonsense.
Quote
Taxes accounted for about 25 percent of the United States' GDP -- placing the U.S. 27th out of 30 countries studied. The five with the highest percentages were Denmark, France, Belgium, Finland and Sweden, each of them with taxation accounting for more than 42 percent of gross domestic product.Oct 20, 2015
--Google search for "countries with highest taxes"