The "What is Money?" Show cover image

Symbolic World of Christianity and Bitcoin with Jonathan Pageau (WiM098)

The "What is Money?" Show

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The State's Revenue Model Is Taxation

The more central banks or nation states in at their money supply, the more demand they're creating for everyone for inflation resistant money. So there's one big driver of demand for bit coin. And then what happens is that, as bit coin monotizes, that's half the revenue model for the us. Inflation just goes away. Governments have to tax you harder directly. Real estate taxes, this talk abouttaxing unrealized gains, stuff get gets more and more exotic. It becomes much more a gastapo. As you would say, from a tax policy standpoint. You can think of the state as a parasite on the productive economy, but it's trying to consume too much energy

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