Quote from: sylance on October 17, 2017, 02:47:19 AM

Quote from: bundo on October 17, 2017, 02:02:57 AM

...Taxes can also help the state treasury...

Yea, because governments are so starved of income and spend every penny like it's precious they need to more tax income. /sarcasm

In 2016, federal and local governments in the United States collected an estimated 6 trillion dollars. That number is so large our brains can't comprehend it so it subconsciously skips it. If you earned $40,000 a year, it'd take 150 million years to accumulated that same 6 trillion. If you stacked $100 bills they'd stack 3,780 miles high. A 6-trillion second time travel would put us at roughly 180,000 BC.

Just think, governments in the United Stated collected that in one year... AND they're still running a deficit.

https://www.usgovernmentrevenue.com/total
https://ihtd.org/festivalguide/resources/how-much-is-a-trillion-dollars/

Finally a post here that isn't the typical BS "waahhh regulate me" or "wahhhh tax me" or "look how govt will improve crypto!"

I know that in order to go mainstream, crypto will need to attract the eyes and wallets of "normies" (for lack of a better word) and governments, but sometimes I wonder where the libertarian founders of crypto have gone to... Those people are what made this space so successful and amazing to begin with. And the second you pull heavy government into this, this space will turn to shit. Just look at the stock market.