Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Elwar
on 29/04/2021, 14:19:59 UTC

I'm sure you, from all of the people, know that there's no perfect solution, and everything comes with its own tradeoffs and caveats. A tax free heaven that looks perfect on paper, can be a real shithole due to a ton of other problems. Does it really matter if you don't have to pay any income taxes, but now you have to "grease the wheels" of everyone who has a bigger gun then you do? And are a bunch of people putting a claim on all of the resources of the country is not just another form of taxation?


I voluntarily pay my Bitcoin private fees to use their service.

I do not expect ETH users to pay Bitcoin fees to use their service.

It's....voluntary....aint that great?

I don't believe in panaceas, systems are so complex that if someone points at one gear and claims it to be the root of all evil, most likely is trying to sell you something.
You must realize that not everyone is going to sit around bonfire and sing Kumbaya without gov taxes? Sure you take a publicly available unbiased decentralized open algorithm as an example, but what about regional monopolies? Or you're saying that all i'd have to do is get bigger guns and buy up roads/properties surrounding your house and then i can charge you whatever extortion fees for use? Or get together with a couple of friends to box you in or buy up local ISP/water/power plant? Of course if you don't like that you always have an option to move to another place or build your own ISP/water/power plant or get bigger guns and wrestle it away from me. Monopolies and oligopolies would be rampant a lot of people would be trying to corner the market. I think claiming that there are no downsides to any changes and everyone only stands to benefit is naïve/misleading. Did you keep count how many bribes you had to pay during your endeavors, doubt those people accepting bribes decide to start a Mars program one day to help humanity.

Anyone who uses Bitcoin should understand consensus. If it is consensus to use systems such as decentralised justice systems then those will be used instead of involuntary extortion schemes.

I would hope that people that by now, with Bitcoin having proven that a voluntary system is possible, that people would accept that such a system can be used for more than just money right?

It's completely lazy thinking to rely on extortion to pay for things. It's time to re-think that little piece of our "civilised society". It is like defending slavery as people are just finally realising that hey, maybe this is the wrong way of getting our food...maybe we can do better.

You are defending extortion...just remember that.

Hope you're right, but the effectiveness of such ideas first need to be demonstrated and proven as working in real world on smaller countries/economies. Don't see it happening in US first, as in hey everyone lets just get rid of IRS and try out this idea which works on paper.

I agree, most libertarians come at the problem from the perspective of making it happen where they live. It does need to be proven at the small scale first (outside of historical proof such as Iceland for 400 years). I think the Blockchain city ( https://www.blockchains.com/ ) can give a good start if it can get people to move there to start testing things out.