The way out of the devaluating assets game is to abolish taxation.
Satoshi created digital gold.
The government will tax Bitcoin and all other digital currency transactions, so Bitcoin and digital currency assets are not the solution.
Gold doesn't need a computer to keep it.
gold has been already confiscated by governments in recent history. Also, how do you think they're going to tax Bitcoin TXs?
That brings us to the next point.
Wealthy institutions and governments are already talking about putting Bitcoin in "reserves" ... essentially confiscating Bitcoin as well.
they're not confiscating, they're buying. Yes, they might get to the point where they control a good percentage of all circulating bitcoins. That would have the effect to increase the value of the remaining ones.
It all leads to the same endpoint . . .
Those who know history are bound to suffer repeating it again because of those that don't.
As for taxing Bitcoin transactions, look no further them how they tax cash transactions.
The purpose of a business license is to authorize and force business owners to collect taxes for the elites.
