Re:Bill Gates Says that Bitcoin is bad For the Planet
by dmingod666 on Monday March 08, 2021 @01:57PM
(#26389946)
They have to be careful because they won't be able to collect taxes. There are 2 types of taxes. Direct and Inflationary.
The second one is gone because control of money supply is gone and as far as the first one the govt can trace funds in your bank accounts but it's going to have a really hard time if someone holds crypto currency and is intent on not disclosing their real wealth.
The second one is gone because control of money supply is gone and as far as the first one the govt can trace funds in your bank accounts but it's going to have a really hard time if someone holds crypto currency and is intent on not disclosing their real wealth.