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RE: AOPP Puts A Bigger Target On Bitcoin Holders

in LeoFinance4 years ago

Most governments are having a hard time economically and having access to this would allow them to tax their own citizens. I am against all of this but it won't stop governments. At least I don't think it will happen very easily in the US but I guess a few states might pass it.

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Indeed, and because people have a have low time preference instead of saving the good money they will sell for dollars or sell for another coin and create a bunch fo taxable events that strip more wealth from them