DCP on Nostr: #asknostr #bitcoin #thoughtexperiment Good Morning, Plebs and Nostriches!🙏🏻😀 ...
#asknostr #bitcoin #thoughtexperiment
Good Morning, Plebs and Nostriches!🙏🏻😀
Help me out with a thought experiment, would you?🤔🧐😀 And if this has already been discussed to death somewhere else, please provide a link in the comments below?🙏🏻🫂
Let's say you hodl some bitcoin at Address-A.
Now PRIVATELY roll some dice, generate a brand-new bitcoin Address-B.
Now, move your stash from Address-A to Address-B.
While it is crystal clear that you control Address-A (by virtue of the fact that you just moved its bitcoin), there is NO WAY on God's green earth that ANYONE can prove you whether or not you control Address-B, amiright?🤔🧐😇
Also, no way of proving that any goods or services that may have changed hands in a proximate time-frame are in any way connected to the movement of that bitcoin...
Consider the implications of this for "taxation" (i.e. ROBBERY) of any kind whatsoever; sales, income, capital gains, etc...
Please discuss below in this thread, Thank You.🙏🏻😀💖
Good Morning, Plebs and Nostriches!🙏🏻😀
Help me out with a thought experiment, would you?🤔🧐😀 And if this has already been discussed to death somewhere else, please provide a link in the comments below?🙏🏻🫂
Let's say you hodl some bitcoin at Address-A.
Now PRIVATELY roll some dice, generate a brand-new bitcoin Address-B.
Now, move your stash from Address-A to Address-B.
While it is crystal clear that you control Address-A (by virtue of the fact that you just moved its bitcoin), there is NO WAY on God's green earth that ANYONE can prove you whether or not you control Address-B, amiright?🤔🧐😇
Also, no way of proving that any goods or services that may have changed hands in a proximate time-frame are in any way connected to the movement of that bitcoin...
Consider the implications of this for "taxation" (i.e. ROBBERY) of any kind whatsoever; sales, income, capital gains, etc...
Please discuss below in this thread, Thank You.🙏🏻😀💖