Damus
Peter Todd profile picture
Peter Todd
@Peter Todd
“But without taxes or a central bank how will we pay for genocide?”

Ideologue bitcoiners are so hopelessly dumb about this... Governments collected taxes just fine when everything was run on cash. Hiding income and especially property from the taxman is not easy.

The governments of the world that are actually funding genocide – Russia, Iran, Qatar, etc. – are doing it even though their currencies are garbage and hardly anyone trusts them enough to loan them money.

Bitcoin doesn't fix this.

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₿water · 39w
Wtf are U doing here if this is what you believe? Be honest
WaffleWater · 35w
Locks don't stop all break-ins, filters don't stop all spam, and bitcoin doesn't stop all wars. Another shit take from nostr:nprofile1qqsve2jcud7fnjzmchn4gq52wx9agey9uhfukv69dy0v4wpuw4w53nqpzemhxue69uhkzarvv9ejumn0wd68ytnvv9hxgqg4waehxw309ajkgetw9ehx7um5wghxcctwvscxst82
FernandoTheKoala · 33w
I saw you had no zaps and was wondering if it’s because you had no wallet. I guess the reason you have no zaps is not because of this
Flix · 32w
There were fewer and shorter wars under the gold standard than under fiat. Historical facts are clear. Fiat money incentivices high time preference. War is the ultimate high time preference activity. But sure, fight your silly strawmen all you like.
Constant · 12w
Il take it a step further; regardless of taxes, war can be a profitable venture on its on, assuming you win. I dislike the simplistic 'btc defunds war' narrative, especially because it just does not do the matter justice. Its a thorny issue, because the nature of armies can change, the type of w...