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The US Government has an absolute monopoly on taxing every single American person and business indefinitely. That's, uh, substantially different.
by coreyh14444 4y ago
The US Government has an absolute monopoly on taxing every single American person and business indefinitely. That's, uh, substantially different.
- danuker 4y agoTaxation makes up $4T, which is less than a fifth of GDP ($23T).
- arbitrary_name 4y agoThat still ensures a certain price for, which i personally believe does not exist in btc.
- danuker 4y agoI believe its supply-side economics attract a certain demand. But sadly the price increases also attract a different kind of demand, much more volatile (80% crashes now and then).
- tshaddox 4y agoStill, what determines the actual value of one USD?
- chasd00 4y agonot trying to be 100% tongue in cheek because this is basically true. The link below is what determines value in USD https://en.wikipedia.org/wiki/United_States_Strategic_Command https://en.wikipedia.org/wiki/United_States_Strategic_Comman...