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Yeah think I'll just stay in Hong Hong. I don't understand how westerners think they have freedom just because they can choose which political party rapes them.

💯

I lived there for a few months. Not long enough to understand how gov worked. What's it like?

The government mostly doesn't exist except to build infrastructure.

Capital gains tax is constitutionally illegal.

The highest tax bracket for salary and profits tax is 16.5%.

It's also illegal to take tax out of someone's salary, the ful salary has to be paid directly to the employee and it's then up to the employee to report their income and pay tax at the end of the year.

Oh wow, that sounds amazing!

Insurance is a scam. Fiat banking in reverse.

If you consider insurance to be a scam, you can always change providers or simply not take out insurance, such as home insurance, which is not required by the state, or medical insurance, which is also not required.

On the other hand, you cannot avoid taxes, even though they are a scam.

Yeah, taxes create the demand for fiat

Medical and health insurance is a scam. Other types of insurance not so much. Without insurance half of the economy wouldn’t exist.

yes, lots of insurance scams about. Can insurance work in a hard money environment? Not really.

Insurance has worked brilliantly under the gold standard. You can have production at scale without quality insurance.

You can’t*

You can. Insurance cant work without fiat printing to cover the scam.

Insurance is nearly 4000 years old. It predates the oldest paper money by about 2000 years.

We dont know the true timelines in history and none of this i verifiable.

However, mathematically, no insurer can cover all of their liabilities - so it is a fraud, the same as fiat money and central banking.

We know the timeline here because it’s written in stone (literally). It’s called risk management. Apart from catastrophic events, every other claim is easily handled. Mathematically. For catastrophic events there is reinsurance. 99% of catastrophic claims are handled and paid with ease as well because they don’t occur every day. The 1% is usually War/Radioactive type events that are not covered by most contracts on Earth.

Look at Saylors chart - as an example and do the math

Real estate is worth 330T - Gold $16T. how can everyones house be insured? At some point, under hard money standard, they will default as liabilities>assets.

This means they would be insolvent and operating fraudulently.

Heath insurance in the US is a scam. Where I live it's definitely not a scam and is useful to protect against outlier events.

The Daniel 🖖 3mo ago

Risk priced fiat is the problem.

Yeah you need to adjust the time horizon based on how much fiat garbage you think they're going to print over the policy period

Some niche insurance products like “Best Doctors” actually work well. In my country, voluntary health insurance is offered as a free employee benefit, and it’s decent. The problem is adoption. The more companies provide it, the more people demand it and the total costs rise. Eventually this eats into wage growth, which hurts most those who don’t use it often.

Insurance works because pooled contributions cover infrequent events with margin left over. But if claims rise past a certain threshold, the tradeoffs outweigh the benefits. Health and life insurance start to look like pensions - fine until they aren’t, because the system goes to shit once too many people rely on it.

That’s not the case with property, cargo, construction, or business interruption insurance. Those risks are rare, but when they strike, they can wipe out an entire factory or supply chain. For businesses, the value of insuring against catastrophic loss is obvious and lasting.

Satoshis Nephew 3mo ago

I hate government/state.. at least where I live they are so useless we get away with so much more than 1st world countries but our currency is so fucked it kinda all adds up.

Danz# 3mo ago

One question that bothers me is how of my taxes goes to finance wars, police violence, innocent child castration and other similar stuff.

Normally I am inclinated to consider taxes wasted money I will never see again, but in this situation it is also financing the destruction of other human beings.

For sure, like you said as if it weren't bad enough with the theft. Fucking hell.

No justifico nada pero no hace falta que mientas, cuando tengas algo chungo de salud en la privada te mandan a tomar por culo.

¿"Idiota funcional"? 😂

El idiota funcional es tanto el que cree que todo lo privado es mejor como el que cree que todo lo estatal es mejor.

El que usa su cerebro y no es idiota no se deja manipular por esos humanos y se da cuenta que ambos sistemas pueden (y serán) corruptos porque el común denominador son los humanos.

Y ahora dejo una perlita para que le explote la cabeza a los que se creen libre pensadores y no son mas que lobotomizados del lado "liberal"...

El problema NO son los impuestos, ES la corrupción.

Para mi el problema son ambas. No es lo mismo impuestos, que impuestos abusivos, y el mero echo de que existan (y si juntas la corrupción multiplicamos x2), posibilita que sean abusivos.

Sigo viendo hipocresía con tu post de "idiotas funcionales", desde el respeto, obvio.

El problema es solo uno, lo otro son las consecuencias o síntomas de ese problema.

El que crea que la humanidad llegaría a algún lado sin colaborar es un ingenuo.

Yo no he hablado de no colaborar, la única forma de colaborar, humanitariamente hablando, ¿son los impuestos? Tampoco he dicho que no deban existir, eso lo has inferido tú. Al igual que ahora te pondrás a deducir lo que quieras/interesa, cuando probablemente solo te has "picado" por que he usado contenido de un post tuyo para contestarte 😂

Pero bueno, es mi opinión frente a la del ser más lúcido que he conocido en tiempo, supongo que debería callarme y dejarme iluminar.

Saludos.

Tranquilo hombre, yo no insulto ni me creo superior, soy irrelevante.

Ya me dirás tu con cuantos has hablado que mencionen la obviedad de que el problema es la corrupción, la gente esta demasiado polarizada.

No se si tengo razón pero hasta donde yo sé, no se crean sociedades complejas sin colaboración y la financiación de los servicios básicos para esos humanos requiere algún tipo de imposición o donación.

Yo que puedo no tengo problema en ayudar al débil y cuando sea yo el débil recibir ayuda.

El mantra de impuestos=malo es igual que el de capitalismo=corrupción.

Nos cuesta ver mas allá y entender que al igual que pasa con el dinero el problema es la corrupción, no es dinero en sí que es una herramienta. Los impuestos son una herramienta para colaborar colectivamente a gran escala.

Lógicamente no defiendo el sistema actual y quiero cambiarlo/destruirlo o crear un sistema paralelo ahora que la tecnología nos lo permite.

Creo que Bitcoin es una parte fundacional de ese sistema futuro donde podamos colaborar y financiar los bienes básicos y que todos hayamos elegido.

Este sistema ha de quedar fuera de la influencia y corrupción de unos pocos humanos como pasa actualmente....

En fin, un debate interesante que seria genial tener en vez de la propaganda agresiva de siempre, saludos.

👍👍👍 Mejor explicado. Y si, da para una conversación IRL, porque a día de hoy ese significado de impuestos me parece utópico, pero tampoco me apetece abrir más el melón, que es domingo y ya he escrito en el móvil más que en toda la semana. 😂

Solo espero que lo de, "yo no insulto", no sea una forma de decir que yo si lo he hecho. 😬

No, deja de buscar segundas a lo que digo, siempre voy de frente y para ser sincero también insulto 😂

Claro que es utópico a fin de cuentas seria algo nuevo...

Me encantaría tener ese intercambio de ideas de como sería ese futuro utópico que la tecnología nos va dejando entre ver gracias a las nuevas posibilidades que nos permite.

Disfruta del domingo!

Soy del gremio de la psicología, a veces no puedo evitarlo 🫣

Buen domingo igual 🌿

I with ya. But what about the other 95% of people who want to be looked after and have someone to blame?

frphank 3mo ago

You'd also have the hungry hordes kill you in 60 seconds.

William Bray 3mo ago

yeah amazing how we founded America Canada Australia without centralized governments. And god knows what a failure that was

Mellon 3mo ago

Unfortunately you're just paying for their salaries and "bonuses"

AussieBean 🦘 3mo ago

Very similar in Australia

brah 3mo ago

Frustrating to be sure

BTC_P2P 3mo ago

I cannot imagine 70% of my time spent working being stolen. Truly unbelievable. God speed.

Lasse Music 3mo ago

You are an Anarchocapitalist, just like me... now next step is Flat Earth :)

😂

I really consider myself an agorist.

What is that?