Viewing a response to: @matrjoschka/bitcoin-map-shows-the-world-slowly-unfuck-itself-from-central-banking
Exactly this crossed my mind the past few days as well. Only put in other words ;-) Bitcoin (or other crypto assets) hold true value when people, in a certain region of the world, need to pay taxes in that currency (pay taxes in Bitcoin I mean). Of course, no one likes to pay taxes, but being obliged to pay in Bitcoin, one first needs to buy Bitcoin. BTW: Nice to meet you! Feel free to follow and upvote me, I'm following you from now on as well. Together we gain knowledge, steem, a growing network and fun! PS: what do you think about my article [A 5 Rules List for Crypto Asset Trading](https://steemit.com/trading/@scipio/a-5-rules-list-for-crypto-asset-trading) Do you trade by these rules as well? Or do you have another trading strategy? Let me know!
author | scipio |
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permlink | re-matrjoschka-bitcoin-map-shows-the-world-slowly-unfuck-itself-from-central-banking-20171025t110758061z |
category | bitcoin |
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Thanks for reading. And some interesting thoughts. I wonder: Do you think a sufficiently awake, crypto-based country would need to collect taxes? Apparently this is the current situation showing where US taxes go:  *Source: https://www.warresisters.org/where-your-income-tax-money-really-goes-wrl-pie-chart-flyer-fy2017* Looking at this graph, almost half of taxes are used to commit violent acts against existing violence, or threaten new violence. Then there is a segment used for healthcare (diseases mostly caused by the social environment created by a dominator-predator social system). Then there's the cost of education (mostly conditioning to ensure that children accept the current system). Then there's the cost of running the administrative system that oversees the whole mess. Hopefully as we go post-bank, we go post-tax.
author | matrjoschka |
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permlink | re-scipio-re-matrjoschka-bitcoin-map-shows-the-world-slowly-unfuck-itself-from-central-banking-20171025t111954219z |
category | bitcoin |
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Yes, I do think it is a good thing to pay taxes, especially if it is spent on public utilities. How would roads be built and maintained without tax incomes?
author | scipio |
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permlink | re-matrjoschka-re-scipio-re-matrjoschka-bitcoin-map-shows-the-world-slowly-unfuck-itself-from-central-banking-20171025t113511019z |
category | bitcoin |
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Good points :) I don't have answers... Just thoughts. Roads: Not sure if it was ever fair to pay for road infrastructure through income tax since it's effectively subsidizing car use and perhaps the destruction of alternative transportation: https://en.wikipedia.org/wiki/General_Motors_streetcar_conspiracy I half agree with the idea of some public utilities being supported via tax, but even with hospitals or schools I see a problem: Who decides what a schools teaches? Isn't it dangerous for those in political power to fund the 'education' system? And where is the incentive to look seriously at modern dis-ease (disease) when the symptoms of dis-ease (disease) are treated by government-funded 'doctors' to maintain an existing flawed society? Of course, I see this is a very complex problem. I'm not against tax, I'm just against everything that we call 'tax' today. Thanks again for reading :) And for provoking some interesting thoughts.
author | matrjoschka |
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permlink | re-scipio-re-matrjoschka-re-scipio-re-matrjoschka-bitcoin-map-shows-the-world-slowly-unfuck-itself-from-central-banking-20171025t114749561z |
category | bitcoin |
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