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Michael Saylor: Bitcoin is Fire or Electricity

Coin Stories

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Taxation

I think em i think the way this will go is the bankers in the wester woll will continue to inflate the money supply until they get to a point where they can't any more. And at the point that they can't, they'll switch to taxation. It'll come progressively in the form of income taxes and then the third phase, it'll come in the formof property taxes. They won't be able to raise enough money with income tax, so it'll become a property tax. I think it'll be a political process. There'll be a lot of back and forth negotiation. But eventually, um, they'll start taxing things more. Maybe they'll say,

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