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RE: Is it unpatriotic to use cryptocurrencies?

in #defense7 years ago

nicely written.

anyone who claims that that supporting the national currency is patriotism while at the same time undermining that currency for their own profit is a liar (Helloooo Wall Street). The TARP bailouts , the "stimulus" packages, and the "easing" policies all devalued US currency while putting money into the hands of politicians and corruptocrats.

An economy's health depends on employment numbers (something else the politicians have subverted with illegal immigration and H1B's) and creation of wealth (undercut by waves of nonsensical regulations); usually a currency's strength is based from that...whatever damage the politicians did on those scores was multiplied by the other policies I mentioned.

Using crypto has no effect on employment or wealth creation one way or another (well, minimal effect)...

but it does provide an individual protection from corruptocrat financial sabotage and theft.

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Do you consider an illegal immigrant paying more taxes than one who has paperwork and is local to still be in the wrong? I honestly don't see a problem with immigration a long as there are enough resources so others don't go without and the person is complying with the coexistence rules in place. Can you tell me more about these immigration rules you think are affecting the economy negatively? I find this subject very interesting and would love to know your thoughts about it because I understand a lot of people think immigration is not good.

as long as there is a single unemployed citizen, then we don't need the immigrant.

HOWEVER, we can modify that need by industry.
If we run short on doctors, b/c the citizens start trying to be rappers, for instance, then we allow a certain number of doctors to become citizens.

But when we talk about low skill labor, it isn't needed (in America); 21% of the country is on welfare benefits. Obviously, not everyone on welfare is capable of employment, and the spin on these numbers from both left and right is amazing.

In any case, every low-skill immigrant (whether legal or illegal) has the following effect (these are American figures, btw, other countries have different numbers):

  • puts one low skill citizen out of work, and possibly onto welfare
  • takes in more in government service than can be accounted for even if they pay taxes

the average U.S. household received $31,584 in government benefits and services

  • remits a certain amount of money out of the economy back to their home country
  • possibly goes on welfare themselves

It's not that immigrants are bad inherently; there has been a need for low-skill labor before, there may come a time it's needed again.

But immigration to the United States isn't going to solve Third World problems of poverty, especially those caused by native cultures (statism, socialism, kakistocracy, tribalism, and most importantly overpopulation). I don't mean "native" as in "primitive", but native as inherent to the culture.

Immigration certainly isn't going to fix those problems caused by globalization.

Finally, the best advice there is to fight poverty anywhere in the world, including America, is this:
don't have children you cant afford to feed

https://census.gov/newsroom/press-releases/2015/cb15-97.html

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