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Not if you can offload those costs to the taxpayer. How much state money ends up as profits for the banks?
by conanbatt 7y ago
Not if you can offload those costs to the taxpayer. How much state money ends up as profits for the banks?
- benj111 7y agoTax payer subsidy would seem to be a feature from a consumer perspective. Surely its better for someone else to be paying the fees?
- conanbatt 7y agoThats one way to look at it. I would answer that what the tax payer pays is much higher than what the consumer gets, and both groups are large enough to not easily prioritize one over the other. Bitcoin was born on dissent on how governments bailed banks with tax-payer money.