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RE: What is the point of cryptocurrencies ?
The whole point is to rebel against fiat currency which the government can print any supply at its own will to manipulate the money to its (government) own interest, instead of the users of the money
ok i see the point there, but will they be able to tax it, as im sure with less tax income budgets would be cut in areas leading to all kinds of chaos in jobs, city repairs ect .
government print money government tax money, at the end all participants give up control to government.
whereas in bitcoin everything is decentralized, nobody will have any control, thus preventing power inequality