its ‘decentralized’ copium
Pro-stealing art without attribution
its ‘decentralized’ copium
Yea and why cryptocurrency isn’t money with its exchange rate being determined by how much fiat currencies are entering and exiting.
money has to be backed by the state so if bitcoiners really want bitcoin to be used in everyday transactions, i would suggest running for President and replacing U.S. Dollar with Bitcoin for tax payments/legal tender.
how will the state obtain Bitcoins? by building massive resource wasting mining farms which itll have to issue bitcoin bonds to build, making the state subservient to the private bond markets and interest rate it demands, Greek style.
there is massive plague and the economy has collapsed? what will the state do? cant give people money or increase healthcare spending because the capacity of the state to mobilize resources is now limited by what the private sector is willing to give it or how much it can mine. oops mass death.
bitcoiners have to be dumbest creatures alive. these people can’t imagine a pro-Worker Government so they have to come up with convoluted ways to tie the hands of the state so it cant give capitalists free money.
Ukraine’s allegations included unlawful detentions, ill-treatment of civilians, and the suppression of the Ukrainian media and the Ukrainian language in schools.
Yeah Ukraine never did that.
A wealth tax doesn’t have much impact on real production. It is money hoarded and not being used for anything. I have doubts on its efficacy since France is in the EU and the capital flows are open, they have no control over the Euro. Which is why they’ll likely need to leave the Eurozone before doing anything ‘radical’.
With the capitalist pulling money out of France and taxes staying uncollected, the only way for them to fund their new welfare plans is with bond issuance (assuming the markets still want French Euro bonds). which EU rules limit to 3%, so not possible at all.
Remember what they did to Greece