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RE: Decentralization isn’t the most important reason to switch away from National Fiat

in #bitcoin7 years ago (edited)

Taxation has been hidden into many places as seeing it all at once would probably cause an instant revolution.

For the ordinary person:

  • employees income tax
  • employers income tax
  • consumption taxes
  • inflation tax
  • government debt (i.e. a taxing your future)

it all ends up to to be well over 50% of the entire economy. But what do we get for that? Just think of 10 things that you value and enjoy in your life. How many are given to you by government? It should be more than half your list to warrant the current scale of government!

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The theft is in the hundreds of trillions, but they were kind enough to leave us with about 3 trillion USD.

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