Replying to Avatar shyguy

paying taxes on your bitcoin holdings, transactions or' 'gains' means:

- your beloved hard cap doesn't mean anything because the government can extract as much as she wants from your "gains" up to 100% or go full 6102

- since you are declaring your transactions you can spend your bitcoin only on government approved things and also won't be able to evade capital controls

sounds familiar? it is, because it is exactly how paypal and any other government approved fin-tech or your bank account works.

so what this all boils down to is that in the end bitcoin is just evading taxes and capital controls. if you say otherwise then I'm sorry to tell you that you are just larping and bitcoin is doing nothing for you and the government is still in full control of your bitcoin. in this case you will have to continue seeking solutions in politics (which is the system we already had before bitcoin)
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jakub 1w ago

You make it sound bad? Evading taxes is necessary.. I’m sick of paying for Somalia day care centers.

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shyguy 1w ago

no, quite the contrary. as i said in my earlier post, if you feel morally obliged to not pay your taxes for whatever reason (somalia day care centers, your government constantly waging unjust wars, living under a totally fucked up regime or just because you consider taxes theft), then bitcoin should better be able to do you a service. otherwise it would be a useless tool (which i don't think it is)