counterweight on Nostr: Every actions will generate a reaction with equal intensity in the opposite ...
Every actions will generate a reaction with equal intensity in the opposite direction.
The harder they regulate and destroy the economy, the more people and companies will start taking steps towards operating outside of the state's walled garden.
After all, it makes sense. Once tax costs are high enough in your business' P&L, evading tax and regulation becomes worth the risk. Bitcoin native companies that operate under the anarchist mindset will be more competitive that the fiat-slaved ones cost wise.
The issue is that, the harder the enforcement and violenece of the state, the higher is the risk of operating in such manner.
The harder they regulate and destroy the economy, the more people and companies will start taking steps towards operating outside of the state's walled garden.
After all, it makes sense. Once tax costs are high enough in your business' P&L, evading tax and regulation becomes worth the risk. Bitcoin native companies that operate under the anarchist mindset will be more competitive that the fiat-slaved ones cost wise.
The issue is that, the harder the enforcement and violenece of the state, the higher is the risk of operating in such manner.