#CBDCs are often condemned for their potential to expire after a certain amount of time, but fewer still seem aware that #CBDCs could be geofenced to a serf's "15 minute city".
https://nostrcheck.me/media/public/nostrcheck.me_3220528015978196571692580970.webp
It's the equivalant of micro purchases and game dynamics within addictive mobile games.
The main reason for the successful economic rent seeking of tax accountants is due to the threat of inaccurate non compliance around income tax. This is the most obvious marketing point for CBDCs - that you no longer have to maintain payment receipts or estimate deductibles. Your tax position will be automatically calculated and deducted in real time. Govts around the world are gagging for this level of transparency into all bank accounts.
That's my favorite part but the worst element is that the tax is decided programmatically by fiat and there will still be inflation.
On a #Bitcoin Standard, sovereigns (while they exist), are best off with a simple consumption tax collected in realtime without any special "IRS" equivalant or accounting burden on citizens.
The power shift may allow the individual the control he needs to end all these ridiculous forms of taxation and possibly greatly reduce it from a surfdom level 40-50 combined (income + sales + property + whatever) to a reasonable sub 10% over the next several years. (Why should Caesar deserve more than God commands in tithe?)
The other thing bitcoin does is allow programmable money distribution through taxation instead of this lump sum BS, and we can avoid greedy middle man agencies, and that can be done while putting the people first since they will be able to verify that the money gets distributed properly. (Zap prisms for taxation.)
I could be wrong but my gut feeling is that more bitcoiners will need to come to the realisation that to truly affect change they will need to become stateless or at least jurisdictionally fluid. Only through mass capital outflows will a bureaucracy reverse course. These public institutions are incredibly adept at self preservation and they need continual expansion of the tax base. When 90% of the labor force is geographically dependent for their livelihood then the tyrannical threats of violence around taxation is highly effective. In a truly digital world they are terrified of a highly mobile labor force.
The fundamental change needed is the desire of the state to subdue the citizenry transformed to the desire to please the citizenry. This will only happen if the citizenry become more powerful than the state, and the state becomes once more a vehicle or tool of the citizenry to accomplish a good the citizens individually cannot, such as establishing standardization (minimal, not non-existent, red tape), enforcing law (which laws ought to benefit society at large rather than hinder), and organizing and enabling the citizens to protect themselves (aka militia).
Bullish for having money limited neither in time nor space.
