Oddbean new post about login | logout You’d be surprised how easily coins can be traced back to you when you eventually want to spend them. Very risky.
A 70% tax would be an assault on people’s well being. Men have gone to war over far less. The risk of government recourse fades to the background in that scenario.
It could be any percentage. The point is, people are not as protected as they think.
No doubt about that.