EU: Solving The Debt Problem
348 sats \ 10 comments \ @TomK 9 Jun econ
To get its financial problems under control, the European Union should rely on the ancient Roman principle of tax lease. The Senate (or the respective imperator) grants a license to some state parasite, who can then quietly plunder the respective province. This would quickly solve the problem of Eurobonds and national debt.
Or they just keep on robbing the people blind by debasing the currency...
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42 sats \ 0 replies \ @Coinsreporter 9 Jun
The EU wouldn't mind to employ a parasite but they don't have a fitting candidate though.
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42 sats \ 0 replies \ @Hamstr 9 Jun

Regrettably, I think we (Bitcoiners) know what the European Union obvious choice is.
You do present a good argument.
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42 sats \ 4 replies \ @riberet19 9 Jun
The only thing in our power to do is to take refuge in hard assets, such as Bitcoin and gold.
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20 sats \ 3 replies \ @TomK OP 9 Jun
Right. it is all the sadder that we see almost no Bitcoin adaptation in Europe. i was just in Vienna for a week, visited two Bitcoin stores, talked to the people there, basically the same people are always buying and only a few are joining. let's see what happens in the euphoria phase!
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42 sats \ 2 replies \ @riberet19 9 Jun
Life in Europe is very fast, and people don't stop to investigate anything, only a few of us do, but as you say, when the euphoria comes, they will realize it, and they will enter Bitcoin without having studied anything and the same old thing will happen again, that's what I think.
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20 sats \ 0 replies \ @TomK OP 9 Jun
It is almost as if the majority of Europeans have completely abandoned all intellectual evolution.
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0 sats \ 0 replies \ @TomK OP 9 Jun
It is almost as if the majority of Europeans have completely abandoned all intellectual evolution.
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21 sats \ 0 replies \ @0xIlmari 9 Jun
The purpose of the EU was to rebuild a continent ravaged by a war.
Later, it was also used successfully to lift Eastern Europe out of post-soviet poverty.
With these objectives complete, most of the EU structures should now be disbanded and the whole thing reduced to a free trade union.
But we know very well how effective bureaucracies are at dismantling themselves.
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0 sats \ 0 replies \ @TheBTCManual 9 Jun
Lol rebuild the roman empire, absorb north africa into the EU, and take full control of the resources and labour and tax their tits off, you;ll also save on migration no need to deal with people hopping the mediterranean, they're now in the EU, if mayotte can be part of the EU, anyone can, expand the ponzi lol
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0 sats \ 0 replies \ @om 9 Jun
European Union [...] grants a license to some state parasite, who can then quietly plunder the respective province
Yes, those are called "national governments of the EU members".
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