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All respect to the talented man in the arena, but if he is building sand castles I will call him out. That said:

Since when has capital gains been the price of avoiding inflation?

With every direct deposit, the number of sats obtained goes down because of inflation.

Operating only with credit cards is not friendly to small businesses.

This is a slick toy but not a solution. Parading it as a solution to inflation is dishonest at best.

jack mallers 1y ago

what? living on bitcoin is avoiding inflation.

also, when paying capital gains you are paying taxes on a capital gain. in other words, you made money. in other other words, you avoided debasement and inflation

i would argue if you avoided loss it's not really gain so capital gains tax is literally trying to stop people not being robbed

i just can't even, if it has anything to do with tax (which is theft) or the government (which is violence) it's not anywhere in the column "legitimate" "honorable" or "righteous" and avoiding their tentacles is all of those things

How would you deal with mandatory payments billed in fiat then?

If they are onerous, probably leave the country.

Being forced to pay is just a euphemism for being robbed.

Any on grid living situation incurs sizable forced payments in almost any state. So you suggest any reasonable person to go either off grid or adopt nomadism?

we are in late stages of an imperial cycle and the level of taxation is not possible to get much higher than this, so, go off grid, maybe by the time your kids are ready to do their own thing it's a better world

also, yeah, council taxes and land taxes are very small compared to income taxes and other bullshit, i mean the amount of taxes i pay to import stuff here is beyond crazy, 30%... and i'm supposed to also pay that same percentage out of my pay? you know that means that more than 60% of my money is going to buy bureaucrat's BMWs and pay for their luxury homes and their luxury cocaine

i'm not paying one cent i can avoid paying and if they want to send violent men after me i'll just get away from this gang's territory, it's not rocket science

and yeah, there isn't many places in the world where there isn't a whole load of people with their hands out expecting you to pay for their extravagant, self important existences, so DYOR and go find some place where you can pay a more bearable amount of protection money and be mostly left alone

this is why i don't own a car, the number of ways in which they make excuses to rob you over the supposed convenience overrides the value of the object in my opinion, i already left one country over the outrageous amount of money i was supposed to give to politicians and their buddies for the privilege of riding a pissy little 50cc motor scooter around

Wordy for mostly saying DYOR.

Leaving a country seems pretty disproportionate compared to the concessions made with Strike Bill Pay, never mind the monumental task of obtaining citizenship in another country.

you aren't considering the fact that the neighbours you have in a place where they tolerate absurdly high taxes are probably also dumbasses, and assholes, usually both, otherwise they would like, you know, get mad

Could you define forced? First time encountering this term.

I understood it as debts under threat of eviction, imprisonment or both. Water, sewage, electricity fees, property tax, legally mandated insurance, services and inspections.

Pretty US-centric. Some of those are payments for services you're voluntary subscribing to. Most can be avoided by moving to a different locale. Taxes are what I was thinking of.

- I mirrored the term forced from the post I replied to, which used it to rephrase my previous term mandatory payments.

- I wrote these posts from personal experiences in the EU.

- I differentiated between on grid and off grid living in regard to utility payments. Avoiding these bills would require full self sufficiency.

- Any apartment type facility requires grid fees for shared spaces, even if you could technically make your property self sufficient.

- I meant property confiscation, or dispossession instead of eviction.

- You made these connections yourself, then you could respect your opposite enough to avoid making redundant inquiries.

i also wasn't talking about not paying bills i acrued by receiving a benefit

these are bills that someone voted into existence and i had no say in it and the cost goes to me and i did nothing wrong so it is a punishment and itself an act of violence

really, people have such a muddled morality these days that they don't know the difference between paying your due and being robbed

Pretty US-centric BUT some...

as in my view is US-centric

#clarify

💜🧡🫂

mainly tax