So, elaborating a bit)
Let's say Bob haves $100. At the end of the year the Goverment takes $20 from Bob, keeps $10 for its own purposes and gives $10 to Alice.
We call it 'taxation'.
Alice quite often belives that if we can somehow (maybe with a little help from a blockchain) 'tame the corrupt Goverment', she'll get $20 by the end of the year instead of $10.
But, looking at 'Steem experiment' we have good reason to belive she'll get $0 instead)
So, elaborating a bit)
Let's say Bob haves $100. At the end of the year the Goverment takes $20 from Bob, keeps $10 for its own purposes and gives $10 to Alice.
We call it 'taxation'.
Alice quite often belives that if we can somehow (maybe with a little help from a blockchain) 'tame the corrupt Goverment', she'll get $20 by the end of the year instead of $10.
But, looking at 'Steem experiment' we have good reason to belive she'll get $0 instead)
Lol ok I love the conclusion, hilarious...