Quote from: bitebitebite on July 10, 2011, 08:39:44 PM

Quote from: Corner on July 10, 2011, 08:08:10 PM

The core problem is taxation. Taxation is theft and as every transaction is taxed, we loose money in each and every transaction.

I'm not sure I follow. We will always need taxation, unless you can provide alternate means to maintain roads, schools and... everything. Of course corruption exists, and tax could be lower if people were not people, but are you suggesting no taxes?

Whats your alternative suggestion?, if Iv read your right

No we don't. We have been born into a corrupt system so we don't see the obvious elephant in the room. The politicians argument is, just like yours, that we need taxes to sustain this and that, to provide welfare for poor people etc. But poor people are often poor because of taxation. Strong and healthy people tend to find good jobs and they make enough money not to be bothered by taxation. If you have reached or exceed the average US salary of 50000 USD you're fairly well off and the system benefits you. You have breached the surface so to speak.

However, for the weak, sick and feeble minded the situation is different. They may not have the power to reach the surface and will thus be held back perpetually by an ever increasing tax rate.

You do realize than when the first settlers colonized the West, the taxation rates were negligible? We had all this land to ourselves and we screwed it. Little by little, year by year, we let the politicians raise the taxes. Had we kept on this way for much longer we would no longer be the land of the brave and the free but just another Europe or China.

Fortunately, Bitcoins were invented before we reached that level of taxation. We can now build a new parallel system which will eventually buy out the old one, hopefully in a relatively peaceful transition, just like the first 15 years since internet got big have been characterized by a remarkably smooth transition.

Yes, we need roads, we need fire fighters and some of that stuff. However, it should all be financed privately. Now, thus far the private sector has been too weakened (because of extortionate taxation) to mantle the responsibility for the infrastructure but with the advent of the BTC we will eventually see private roads, private fire fighting teams and so on only.

Because it lays in man's faith to become truly individual and only when we are truly individual are we able to fully cooperate with others.