Peter Todd on nostr

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@Peter Todd 1747775014

“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.

Kevin's Bacon @Kevin's Bacon · 45w

I really don't understand people who support governments. nostr:nprofile1qqsve2jcud7fnjzmchn4gq52wx9agey9uhfukv69dy0v4wpuw4w53nqpzemhxue69uhhyetvv9ujucm0d9hx7uewd9hj7267ev3 should take note. He's not a real bitcoiner. https://image.nostr.build/3c84305c6df7232c8ed4b246bd5ff99a48f4 Show more

523❤️21🤙4🤡2👀1💜1💣1

nostrich · 45w

We'll have Monero for that. Would be nice to know on which agency payroll you are currently on.

BTC Update · 45w

nostr:nevent1qvzqqqqqqypzqquxdpn0xlh4zqw9k3patfqml9nnndqkyd9e642sfxzlycj5279pqy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdshsqgr8y8uzy9sswk6rjaqmzxnc0rre0a9ph0fyq25du58rjqr50q0kuc78g5pn

Augustus Cato · 45w

https://image.nostr.build/83b4a0acfc9eb9700d8b4b82353727e88d9381118d331ad80dbc9a4c73ffcd83.gif

ChipButty · 45w

Anyone believing governments won't be able to wage war because bitcoin is the world reserve asset are ridiculously naive. I remember years ago when bitcoiners were telling themselves that bitcoin was going to kill the banks and not a single bank has died as a result yet & in fact banks are scramblin...

It does make tax collection harder, which historically leads to fairer taxes. Value added tax is the least shit I think, and easiest to collect if everyone was using bitcoin.

Peter Heino · 45w

Weeeeeelll. This can also be viewed a bit more nuanced. It would still be Harder to collect taxes -> smarter governments and foreign politics

HAHAHA PETER RETODD STRIKES YET AGAIN

₿water · 45w

Wtf are U doing here if this is what you believe? Be honest

nostrich · 45w

has it ever occurred to you that some of us don't support taxes regardless of whether it's bitcoin or fiat? has it ever occurred to you that perhaps for some of us freedom is not a larp? we are objectively the least free we have ever been, regardless of which country you live in. for some of us, ...

Bitcoin doesn't fix anything. It's a tool and as such relies on the weilder to use it to such ends.

One bad take after another. Yeah, this is the same guy who was arguing for sending more money to Israel because "those evil Muslims and Christians deserve to be raped and tortured and our taxes should fund it"

And we all know why nostr:nprofile1qqsve2jcud7fnjzmchn4gq52wx9agey9uhfukv69dy0v4wpuw4w53nqpzemhxue69uhkzarvv9ejumn0wd68ytnvv9hxgqg4waehxw309ajkgetw9ehx7um5wghxcctwvscxst82 loves Israel so much.... https://www.haaretz.com/israel-news/2016-03-22/ty-article/.premium/israel-becoming-a-refuge-for-pedop...

9/11receipts · 44w

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💯 on this one.

I totally agree. "Bitcoin stops wars" is about as retarded a conclusion as you can reach. People can fight for ideology, resources, or territory, and none of it stops because of bitcoin. Sometimes I feel like this whole space is becoming so dumbed down, reductionist, and simplistic.

Until it is hacked, Bitcoin fixes fiat.

₿harat · 41w

There is a glaring omission from your list of countries Peter. How convenient.

Adrian M Lopez · 41w

Maybe don’t share every thought you have

Jose Sammut · 41w

"their currencies are garbage" Why?

WaffleWater · 41w

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 · 39w

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

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 · 17w

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...