RHR 391: LEDGER LEAKS AGAIN WITH nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsqzqpxfzhdwlm3cx9l6wdzyft8w8y9gy607tqgtyfq7tekaxs7lhmxf5dcd8v AND nostr:nprofile1qy0hwumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2qg4waehxw309ajkgetw9ehx7um5wghxcctwvsqzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq76kl2yj
https://cdn.satellite.earth/da0fc88dbecbe94daeabc063b8b301c8e151fd5d89db7c97802e0fa476a647a7.mp4
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.
of course governments will still be able to tax their cattle under a bitcoin standard
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.
