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> Many of our governments are liberal democracies. The liberal democracies are pretty open and positive on cryptocurrencies. So no, it does not seem to be thr
by stale2002 6y ago
> Many of our governments are liberal democracies.
The liberal democracies are pretty open and positive on cryptocurrencies. So no, it does not seem to be threat to them.
Instead, it is more of a threat to the less liberal countries.
- JumpCrisscross 6y agoOP advocates wilful tax fraud [1]. If large portions of the economy aren’t paying taxes, I am not paying taxes. This breaks down the social contract. Given authoritarian nations’ increased force projection, this vision of cryptocurrencies first corrodes liberal democracies, where those not paying have courts and Constitutions between them and the state. [1] https://news.ycombinator.com/item?id=24953317 https://news.ycombinator.com/item?id=24953317
- stale2002 6y ago> OP advocates wilful tax fraud Nope! Liberal democracies allow cryptocurrency and it very well could be the case that some of these crypto events are non taxable events. Thats just working within what liberal democracies allow. > have courts and Constitutions Courts and constitutions are pretty important in liberal democracies. I support the protections that those provide, personally.