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Bitcoin does essentially stop wars. How will they pay for the war if they can’t print or tax? With what resources will country A steal country B’s multisig coins if country A can’t print, tax, or claim war booty? How will country B even have coins to steal if they also aren’t able to print, tax, or claim war booty?

If you want to split hairs and say it doesn’t stop *every single act of aggression* or they that can still print or tax a little bit, fine.

ODELL 3d ago

of course governments will still be able to tax their cattle under a bitcoin standard

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Toxic Bitcoiner 3d ago

Tax what? To what extent? Their Bitcoin income, how? Same principle as war: what resources will they use to surveil and steal from cattle? If they go after other asset classes that are easier to tax (equities and real estate) then that forces capital to flee to Bitcoin, which is more tax resistant, thereby further reducing their revenue…that they would use to surveill and steal. It’s a doom loop. IMO the last and eternal tax will be real estate because you can’t move or hide it, but it will be insignificant relative to today and insufficient for funding wars.

ODELL 3d ago

they will collect taxes by threatening people with guns and jail

same way they have always collected taxes

Marcelinho 3d ago

sad but true

Toxic Bitcoiner 3d ago

And I’m saying that business model won’t be profitable anymore because Bitcoin kills it.