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More likely is that those with a lot of Bitcoin would exit to more hospitable states like Saverin did. In addition, the tactics you propose are not only dracon
by awt 12y ago
More likely is that those with a lot of Bitcoin would exit to more hospitable states like Saverin did. In addition, the tactics you propose are not only draconian, but expensive to enforce on a large population. See the War on Drugs.
Also, why would a state give up it's printing press? No clue what the Diamond Age is, but I will check it out.
- dllthomas 12y agoThe tactics he proposes are not too far from what has always been done to tax cash, except with marginally more information available automatically to authorities.
- jamesaguilar 12y agoHow draconian? These are much like current taxation laws for non-blockchain currencies, and other control and auditing laws that are already on the books.