pull down to refresh
0 sats \ 9 replies \ @denlillaapan 11h \ parent \ on: Which is Worse: Taxes or Fiat Money? econ
no
Where has fiat worked without taxes?
reply
That brings me to my comment on this post.
If you get rid of the TAXES, they’ll have to print even more FIAT! Hahaha.
reply
Taxes are in the open. Fiat is hidden. This is the base of my case for killing fiat being more important.
The best argument against this is that bitcoin will do this over time anyway...
Actually, the biggest threat to bitcoin is a return to sound money...
reply
To me, it's much more clear that taxes are immoral. They're just theft.
Printing up pieces of paper that say "10 Schmurples", or whatever, isn't immoral in and of itself. We'd have to connect other aspects, like requiring people to accept the fiat in trade at some particular exchange rate.
reply
They wouldn't have to. My preference would be they just go away, which is an option.
reply
ahahah! You know damn well that's not gonna happen!
reply
taxes have existed since sovereigns have; fiat is new and shallow.
You can very well have both (or either), and comparatively, taxes are worse.
reply
I'm not sure what your disagreement is, then
reply
Indeed. Good question.
reply