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WiM023 - The Frisby Series | Episode 4 | Technology and Cyclicality
The "What is Money?" Show
The New Digial Economy
Tax is control. And if a ruler, whether it's a king or a government oran peror, loses control of their tax revenue, then they lose their power. The tax systems are unable to adapt to the realities of the new digal economy. We're going to have this to teer economy in the future where you can have sovereign individuals and already you've got international tech corporations. But unless we change the way we tax people, no nation will be able to provide services that they currently do.
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