Re: Why employment taxes and enriching early adopters may actually help Bitcoin
but really whether it's through inflation or taxation, the current monetary system enables theft. And as far as I understand it, that's what bitcoin was designed to stop.
I don't think it's possible to legitimize bitcoin in the eyes of governments whose operation rests on constantly inflating the money supply. And I'm unconvinced that the people who worry about paying taxes will see bitcoin as legitimate when government is publicly decrying it.
I don't think it's possible to legitimize bitcoin in the eyes of governments whose operation rests on constantly inflating the money supply. And I'm unconvinced that the people who worry about paying taxes will see bitcoin as legitimate when government is publicly decrying it.
We agree here but we must take one step at a time. The suggestions you are alluding to take decades to unfold. Look how long it's taken for BTC to come around. What's our beginning reference point? Writings in Mesopotamia? 5 thousand years ago?
I see BTC (and all things digital really) as an evolution in mankind's progress path. It cannot be rushed. The destruction of governments right now would be terrible for the mass of sheeple out there regardless of your own enlightenment. Sometimes it's hard to have a grounded perspective when you've been flying through the clouds.
