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Bitcoin doesn't try to fly under the radar of the authorities - it just doesn't give backdoors for authorities. Building currency taxable-first is like buildi
by al_chemist 9y ago
Bitcoin doesn't try to fly under the radar of the authorities - it just doesn't give backdoors for authorities.
Building currency taxable-first is like building messenger invigilation-first or building social-media censorship-first. Do you imagine Skype selling their software with main feature being that every conversation you have is being sent to authorities "for your protection" or "to fight terrorists"?
- Karunamon 9y agoThat's a massive false equivalence since taxation is an accepted law of the land and is a price you pay for government services. There's no good way to tax bitcoin given how it works.
- fiatjaf 9y agoMass surveillance is also the accepted law of the land. I know you haven't accepted it, but the government you appear to endorse has, and apparently that's all that matters, because I haven't accepted taxation in any form, nor have I accepted the form of law making that creates the power to tax, but I'm taxed anyway.
- Karunamon 9y agoI'd really rather not relitigate the legitimacy of taxes on HN, but the reason why the currency was created in the way it was has been explained. If it truly bothers you that badly, there are many others.
- fiatjaf 9y agoIf taxation was "the price you pay for government services" then people should be taxed in proportion of the total of government services they use -- that's exactly what "the law of the law" says businesses should do when they elaborate their pricing.