Damus
Standard Sats · 5d
But why'd a government want to disincentivize investing? It's mind blowing how such a bill was deliberated and passed by actual humans. Like you mentioned, it'd be interesting to see how capital loss...
profk profile picture
I think you then incentivise spending into the economy which makes citizens poorer(always a plus for the state) but consumption doesn’t stimulate as growth as that requires capital investment which would diminish over time. Not sure who wins here. I’m at the edge of my bitcoiner/self taught economic musings 🤷🏿‍♂️.
1
Standard Sats · 5d
"Incentivize spending and holding Fiat" Anyways, we do only one thing "buy non-KYC'd Bitcoin in cold storage" But it'd be interesting to see how long that policy is sustained without a public outrage.