Replying to Avatar Sovereign Being

Is there a better way than peaceful noncompliance, while it's still feasible?

Once they roll out a CBDC, taxes will be programmatically deducted from ones wages and that would necessitate a more forceful form of noncompliance.

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Hazey 2y ago

They can't tax your bitcoin transactions and earnings unless they know about them and/or you or your counterparties willfully report them and pay up.

So yeah, non-compliance works, is effective, and they know it. But bitcoin privacy, is hard for people - it needs to be easier: make every spend a coin join

CBDC doesn't stop bitcoin, in fact it could force the use of bitcoin to survive when they've otherwise put you in a digital prison.

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Sovereign Being 2y ago

On/off ramps will be harder and harder to manage, and probably next to impossible with a CBDC unless you fully KYC.

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Hazey 2y ago

Yup, a completely separate economy