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Replying to Avatar Peter Todd

“But without taxes or a central bank how will we pay for genocide?”

Ideologue bitcoiners are so hopelessly dumb about this... Governments collected taxes just fine when everything was run on cash. Hiding income and especially property from the taxman is not easy.

The governments of the world that are actually funding genocide – Russia, Iran, Qatar, etc. – are doing it even though their currencies are garbage and hardly anyone trusts them enough to loan them money.

Bitcoin doesn't fix this.

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ynniv 7mo ago

Lol, take my sats 😂

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ynniv 7mo ago

Doh, quoted the wrong level. nostr:nprofile1qyt8wumn8ghj7ct5d3shxtnwdaehgu3wd3skueqpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqgxv4fvwxlyeepdute65q298rz75vjz7t57txdzkj8k2hq782h2ges3dvnqp is also not wrong, but didn't make the lols

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