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jgbtc /
npub1s9v…3ctl
2024-10-25 14:34:02
in reply to nevent1q…2fsn

jgbtc on Nostr: They can tax it it but they can't debase it. The thesis is: hard money takes away ...

They can tax it it but they can't debase it. The thesis is: hard money takes away government's hidden tax of inflation, forcing it to resort to direct taxation which is more transparent, openly coercive, unpopular, and difficult to enforce. Looks like we are about to find out how this plays out.
Author Public Key
npub1s9vv8ztavpupdevkrlsvr28fhur6f4c6amxwa4umu7hsq74jxqusp23ctl