Why not remember 12 words?
If you still want to put a thumb drive in your ass, I recommend the smallest smoothest one
By far the best Bitcoin book is:
âKilling the Hostâ by Michael Hudson. Every Bitcoiner should order it today.
đA real-world example of Bitcoin encouraging a Steady-State economy and undermining the myth that constant expansion is in any way related to growth in prosperity.
The government sells us all of our rights.
You have no private property? Well you canât sit here
You donât pay taxes? Then you canât use this service.
You have no home? You canât sleep in this park.
You donât own a car? You canât walk along this road.
TSA is just another example that you will be victimized unless you participate in markets to an extent that the powerful are enriched.
TSA pre-check means the government took away our rights and then sold them back to us.
If youâre really wealthy, there is no check at all. Drive up to the plane and hop on.
Or⌠perhaps nobody should suffer�
It doesnât make Americans any safer to have TSA agents cup my balls before every flight. The purpose isnât safety; the purpose is to create a chronic anxiety among the populous to justify massive amounts of defense spending.
I went ahead and liked this so you wonât have to
A helpful comparison of US and Chinaâs economies by Michael Hudson
If Blackrock owns all the houses in the countryâŚwhich is not inconceivable, and they decide that they want to control construction laws to stop competition, then your rent contract with Blackrock is not consensual just because you sign it.
A coerced relationship is not a consensual one, and a man having a âchoiceâ between living in a house and living on the street does not mean he isnât coerced.
Yea I suppose that if there is no state, there are no laws to manipulate. But then there are no laws.
âConcentration of wealth leads naturally to the concentration of power, which in turn translates to legislation favoring the interests of the rich and powerful and thereby increasing even further the concentration of power and wealth.â
Noam Chomsky
âConcentration of wealth leads naturally to the concentration of power, which in turn translates to legislation favoring the interests of the rich and powerful and thereby increasing even further the concentration of power and wealth.â
Noam Chomsky
I do. Thatâs the nature of man.
If a man can, he will live in a castle with big walls, have all the good food and services at his disposal, and not care that the thousands of poor are working outside in the rain to fulfill his needs.
The masses have been fighting this tendency for millennia. Power breeds wealth. Wealth breeds powder. The two together breed defensive mechanisms to protect the system.
In the case of the US, one of those mechanisms is control of discourse, and the creation of an ideology that justifies the wealth and the walls and the misery.
The people will only gain from the growth in productivity if those gains are not co-opted by our masters. The mastersâ plan is to use the technology and make the workers obsolete and destitute. The jobless and poor are the easiest to control.
Karl Marx believed that technology would free laborers from the constraints of capital by enabling them greater productivity with less work. That didnât turn out to be the case. Capitalists controlled the technology, so they pocketed the value difference created by it, and just had laborers working for less money.
Centralization of technology was the catch. If Marx were writing today, I believe he would say the same but with the added call for decentralized technology which puts the power of tech into the hands of the masses Marx would be a raging Bitcoiner and Nostrich.
The State isnât awful because humanity cannot design an executive body to manage social needs. Social needs are there, and I donât care to build my own roads. A leaderless body is chaos. The State is awful because the rich and powerful have co-opted it for themselves.
The property owners, particularly within the FIRE industries (finance, insurance, real estate) are the Stateâs managers. They write laws to protect themselves, write tax policy to diminish their contribution, shift tax burden onto the people and their labor, vilify the poor and immigrants, imprison those who complain, and roll up personal rights to protect their monopolies. States fall into these power traps easily, but the underlying virus is concentration of wealth and power.
Taxation is theft if it targets earned income. Unearned income is already stolen from you and me-thatâs the appropriate tax target. Taxing rents letâs those who donât earn for themselves foot the bill, and it gives the money back to us
I donât disagree with the sentiment. But there are three options to fund roads, firemen, social services, etc.
Print money
Taxation
State sponsored jobs
People want to balk at all of these options. At least progressive taxation empowers the masses, diminishes the power of billionaires to write their own laws, diminishes the power of banks and airlines to wrangle their own bailouts.
Taxation is theft if it targets earned income. Unearned income is already stolen from you and me-thatâs the appropriate tax target. Taxing rents letâs those who donât earn foot the bill, and it gives the money back to us in the form of services
What is progressive taxation?
It concentrates the burden on those whose wealth comes from rents, and minimizes the burden on those who labor.
Rents from assets are the same as Etherium managers siphoning off value just because they own. Bitcoin is a progressive system that does not reward anyone unless they put in work. The US tax system should also be.
Unearned Income and rents are POS. Tax that shit.
Income is POW. Let people keep it.
This doesnât bother me at all. According to the founding fathers, none of us are supposed to pay income taxes. Sounds like weâre 51% there. Income tax is a way of shifting the burden from those who own all the stuffâŚto the laboring masses.
Tax rents and unearned income. Let people keep the fruits of their labor.