Why not levy a tax on Bitcoin transactions in general, including the new ETFs?
All Bitcoin was generated through energy waste. Taxing it over its lifetime will reduce incentives to continue producing it.
All Bitcoin was generated through energy waste. Taxing it over its lifetime will reduce incentives to continue producing it.
Do you have an idea of what this would entail at a legal, accounting, or technical level? This is sort of a bizarre suggestion from any of those perspectives
Proposing a bitcoin transaction tax is more akin to imposing a tax on intrabank account transfers, which is facially absurd, because it's essentially a no-op from an accounting standpoint.
> noun 1. an act or instance of using or expending something carelessly, extravagantly, or to no purpose.
In a typical democracy, those people are legislators, courts, and government agencies tasked with oversight.