2min chapter

The "What is Money?" Show cover image

How Bitcoin Will End Currency Counterfeiting with Michael Goldstein (WiM252)

The "What is Money?" Show

CHAPTER

Taxation of Any Kind Creates These Weird Schisms

Once you're able to create this sort of ultimate tax, where you're just shaving off the savings of an entire economy, that's like monetary imperialism. And once you have that, uh, you can, this is the wellspring from which the rest of state action can happen. So it's interesting to see that schism created in different areas of society. Yes, it creates these weird, this weird schism, I guess is what, how I see it.

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