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@ AnnSofiNovelist
2025-06-08 19:26:40
If all taxes were cut, and regulations were minimized to actual health limits (like stores not selling spoiled meat) prices would drop a lot.
If I work for $100, that $100 didn't start as nearly $100, that's what was left after other taxes were already removed from it.
Once I get it, in most states, I'm supposed to pay federal and state tax, income tax, property tax, and sales tax, with that single $100 bill.
Not to mention permits and insurance and whatever else they might have mandated me to pay.
This is why bitcoin is such a game changer.
First, it doesn't go through the banks that want their cut. The fees go to miners, which anyone can take part in, no government regulations or permit needed!
The limited supply means government can't inflate it away, and would need to limit their actions to what they actually get.
Anyone who loans on their bitcoin is adding to the demise of the fiat system, and in a way, aiding the bitcoin system.
I love seeing restaurants and stores in America starting to accept bitcoin. It's also a great idea for them if they wanna start a strategic reserve, because if they didn't buy the bitcoin, and they don't sell the bitcoin, they avoid capital gains taxes, and are securing their companies finances.
I got some fiat for my birthday, which looked like a lot at first, but then I converted it into dollars and realized how little it actually comes out as, compared to our bills, because of how poorly the US government has handled inflation lately.
I'm so grateful I married my husband and brought him to the middle of nowhere while I finished working, so he fell down to bitcoin rabbit hole, and we are now all in on bitcoin!
I see more value in receiving 21 sats, than 210sek, or $21, because the sats are the only solid money there is, even if it's "weird internet money".