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>Well you talked about ending reliance on fiat currency, I did not say 'ending reliance'. If the fiat does not inflate, by all means use it. If it does ( and n
by dennis_jeeves2 2y ago
>Well you talked about ending reliance on fiat currency,
I did not say 'ending reliance'. If the fiat does not inflate, by all means use it. If it does ( and normally does) one has to have the _option_ of opting out. Currently in most places in the world where taxes are imposed that option of opting out is not there. Not using fiat money is either illegal, or if you did transact by other means you will have to pay the government the equivalent of a tax in fiat. The over arching point that I'm trying to make is to ot give govt options to unreasonably controls your life. The government should be there to serve you not the other way around.
What one uses as an alternative to the fiat should be up to you. (which is a whole big topic in itself and _significantly_ larger than a discussion on gold or bitcoin)
- yellowapple 2y ago> If the fiat does not inflate, by all means use it. If it does ( and normally does) one has to have the _option_ of opting out That would constitute ending reliance on it. > What one uses as an alternative to the fiat should be up to you. (which is a whole big topic in itself and _significantly_ larger than a discussion on gold or bitcoin) In practice, not really. Maybe some quibbling on which specific precious metal or which specific cryptocurrency, but in a non-fiat world your options are going to boil down to one of those two categories of alternatives, with the differences within those categories being implementation details that most people don't care to know.