fruitzome

It's none of your business.

But there was some music I paid for online because I liked the sound.

It's awesome that I'm able to support artists and creators across the globe and make a difference in someone's life (as they made a difference in mine).

Transaction cost? 1 cent with Bitcoin Cash. They kept $1.99

A lot of the world lives on less than $2 a day.

You can buy a cheap refurbished Android phone for $5.

And you have SMS cointext.io to transact for instance.

You do not need a hardware wallet, only to memorize the 12 word seed phrase.

Just look at the set of users who have phones without adequate banking. You will see this is measured in the billions of people.

The best hope to lift people out of poverty is for us to transact and deal with these people.

2B+ people do not have access to banking or trade. They are poor because we do not trade with them.

I couldn't pay someone in South Africa rural area for something worth $2 without bitcoin.

Many other people are censored.

Billions more have their wealth devalued via inflation.

Bitcoin is a way for people to be free without any state taking their money (see Greece)

A blockchain is just 1 of the innovations that went into the bitcoin protocol.

Finally people are seeing that a blockchain without POW or censorship resistance is bullshit.

This is why bitcoin (cash) is more important than ever.

Look at what someone does. Not what they say.

You say you worry. But you cash your cheques and continue acting in your capacity as if university degrees mean something.

You are mistaken.

The history of taxation is one of tolls, robbery, piracy and skullduggery. Source: https://mises.org/library/taxation-robbery

The word I should have used is Robbery. Not theft.

Readthe founding father's of US constitution for their thoughts on this kind of income tax.

In fact, Income Tax was promised to be temporary to fund war efforts. Liars.

Any compulsory demand to give up your labor and property at the threat of being locked in a cage, or killed is straight up robbery.

Also, your comment is Statist because we do not have a relationship to the "government". We have a relationship to the men with guns that show up at your door when you do not compulsorily give up 40% of your labor and property.

>Perhaps tax law could penalize part-time work while rewarding full-timers?

Translation: steal more aggressively from people choosing to work less, than we steal from full time wage slaves.

I love my gigs and the freedom of doing freelance web, software, uber driving and also small sales.

I only work 20-30 hours per week as I see fit and can choose who I report to and when I take time off.

Why should the government steal more from me for that?

Bitcoin Cash is bitcoin.

LN cannot work due to routing and Sybil attacks.

Do your research and you will see that BTC is dead coin walking and does not resemble vision or even the technical plans of the original whitepaper.

Long live bitcoin

This is backwards.

It is the government that is threatening force (fines, jailtime) if the company/people do not hand over a portion of their hard earned cash.

These same thieves/politicians are the ones that wrote the laws and made these exceptions.

The companies are under an obligation to their families, employees, suppliers, shareholders, and the community at large to maximize value.

Or so you think that a government committee could build a cheaper, better, nicer iPhone?

Do you think a group of bureaucrats would make a cheaper, better, more efficient Tesla Vehicle?

We laugh at this, because we know the government is a bunch of people that on the whole have never employed people and created value from launching their own businesses. They do not know how to maximize wealth creation.

Why do we think that the government raking in Billions more is going to be put to create better, faster, cheaper and more efficient goods ands and services than a company like Tesla, Apple or Amazon?

Here's what's going to happen:

Billions will be raked in. And billions will be spent on duds. Look at Canada spending 1B on a scheduling app that got scrapped because government workers didn't give a shit.

Look at US gov spending on the billion dollar website.

The money will go to the pockets of more lobbyists, politicians, and will flow back to the companies.... and less quality service will be delivered , and at a higher price.

These companies employ so many people (who pay income tax from said revenues) and all kinds if intermediate taxes are paid in acquisition, and distribution of raw materials to final product to the door of the customer.

Quite literally a $700 iPhone would cost less than $200 had the government not levied/taken profits at each step from:

Land development, ore mining, glass and silicon manufacturing, assembly, distribution, packaging, shipping.

And then they want to stifle growth further and take a 3% cut of gross revenues?

I'm all for their cut during trade and VAT (20%!) But taking your hard earned profits to spend in wasteful ways while lining the surveillance communist state's pockets via broken and inefficient products is disgusting.

This will not end well. The EU is well on it's path to full blown centrally planned totalitarianism and communist level controls. You will see.