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Re:Bitcoin could become ‘worthless’, Bank of England warns by usrusr on Wednesday December 15, 2021 @07:26AM (#29565036)
At first glance ransomware might seem like a perfectly sufficient reimplemention of the taxes/violence thing. But that breaks down completely when you realize how willingly that particular Caesar would be taking whatever form of payment offered. I suppose it fully reverts to the theoretical grounding on taxes/violence of fiat once that ecosystem of shell consultancies set up for embargos and tax deductability comes into play.

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