Re:Temporary pause of Bitcoin withdrawals on Binance
by achenet on Monday June 13, 2022 @01:12PM
(#31728444)
This. The original purpose of money is to enable to government to quantify precisely how much of your stuff it will take each tax season.
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Re:Temporary pause of Bitcoin withdrawals on Binance
by namaria on Monday June 13, 2022 @05:35PM
(#31732081)
The original purpose of money is seignorage, the difference between face value and actual value of the currency. It doesn't get better then printing hundred dollar bills that get out of circulation - almost pure profit.
Taxing in kind is way better, it's inflation proof.