You are viewing a single comment's thread from:

RE: Travel writing contest! Win 100 STEEM [Support travelfeed.io]

in #contest5 years ago (edited)

Perspective

Another way of looking at is simply what you can get out of it as opposed to calling it a tax, perhaps. It is possible that this tax thing that we are talking about in regards to blockchain is more the cost for transactions which might be part of the reasoning Steem has RC Mana as a system for describing the units for transaction costs. So, in other words, RC is not the same as what the IRS does with fiat currencies or I mean with the dollar.

Concern

One of my concerns would be if an app was to subtract funds from my wallet, the Steem, SP, and/or SBD, daily or per transaction, that is without consent or excessively or without me being aware of it. Transactions on Steem costs RC and not SP, I think. So, if that is the case, then I think that is good to extract from RC and not from SP or from what is already in the wallet. Potentially, some people could maybe go bankrupt or that direction if an app is taking from what is already in the wallet.

Coin Marketplace

STEEM 0.18
TRX 0.14
JST 0.030
BTC 59634.42
ETH 3191.92
USDT 1.00
SBD 2.45