When i studied macroeconomics, I was taught tax is the bad guy, as it reduces spending power hence a lower AD that slows the economy.

When I did public policy later, tax is the main source of public revenue to provide public goods, and for myself i always sees it as a redistribution tool, in an ideal scenario, where power is not in play & corruption does not exist.

With the existing unequal opportunities, how would you suggest we overcome this stealing issue & at the same time ensure that those left behind gets the opportunity to earn?

Right now nostr is completely captured by bitcoin culture. It’s 99% of all conversation when browsing the universe.

Bringing people in won’t be as challenging as keeping them here.

Once UX is improved and there’s a way for other community types to be seeded there won’t be any needed effort needed for a user base to surge.

there is an international ponzi competition to devalue the national currency

to make the local economy more competitive

compare usd and chf. it is artificial. switzerland is surrounded by weak countries using eur. one swiss frank should already buy 10 eur or 100. switzerland has low debt, high incomes, low unemployment. the reality is that it has to keep the chf artificially low. bitcoin is booming in switzerland. you can pay with it almost everywhere

I'm bored so I'll zap everyone who replies to this note for the next 15 minutes. ⚡⚡⚡

bitcoin is highly undervalued compared to the us peso

it should already be at 200k compared to the almost worthless us ponzi bill

Anyone read about the Feds BTFP response to SVB?

“No losses would be borne by the taxpayer. Any shortfall will be funded by a levy on the rest of the banking system. Shareholders and certain unsecured debtholders will not be protected.”

Didn’t really see that coming.

bank runs on the 30-year anniversary of the cypherpunk manifesto

history is funny sometimes

Were you just born yesterday or didn’t pay attention.

USA been lying to its own citizens since the collapse of USSR. At the same time spreading their exceptionalism by waging wars all over the world, while pointing fingers at other nations as “aggressors” while not looking at themselves in mirror!