Replying to Avatar R

I’m convinced the entrenched powers real fear of bitcoin is not that it might defeat the money printer. The real fear is that there might be an easily auditable ledger.
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halalmoney 3w ago

Wouldn’t the corruption just be transacted elsewhere? Gold, property and the like?

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R 3w ago

That is what they’d like. But if taxes were received into government bitcoin wallets, all initial payments out of that wallet would be on chain and the public could demand to know the owner of every wallet the government sends to.