Bitcoin Headline on Nostr: 🇺🇸 Federal Reserve Bank of Minneapolis 🇺🇸 says "A legal prohibition ...
🇺🇸 Federal Reserve Bank of Minneapolis 🇺🇸 says "A legal prohibition against #bitcoin can restore unique implementation of permanent primary deficits, and so can a tax on Bitcoin."
They want to use this formula.
The tax works by continuously reducing the value or returns from holding Bitcoin, and the government collects these taxes as part of their revenue.
Published at
2024-10-28 21:30:39Event JSON
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"content": "🇺🇸 Federal Reserve Bank of Minneapolis 🇺🇸 says \"A legal prohibition against #bitcoin can restore unique implementation of permanent primary deficits, and so can a tax on Bitcoin.\"\n\nThey want to use this formula.\nhttps://junkflex.com/bitcoin/taxformula.jpg\n\nThe tax works by continuously reducing the value or returns from holding Bitcoin, and the government collects these taxes as part of their revenue.",
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