Damus
Chris Stark · 52w
While I agree with the sentiment that demonetizing residential real estate is important for long-term affordability, folks need to understand that the way your community funds it's fire, police, parks...
OrangedMax profile picture
I find this a very interesting point. Yes, today local services depend on fiat property taxes, so we only want housing to demonetize in BTC terms. Under a Bitcoin standard, funding would come through direct BTC taxes, usage fees, local responsibility, and leaner, transparent budgets - rather than hiding behind inflation. I suppose that’s the challenge.