Oddbean new post about login | logout Gm. I’m Italian. I am not looking for a country that is pro-bitcoin because I knew from the beginning that bitcoin was born to turn the tables and that governments would do anything to stop it. I am not deluded, I know what it is like to be David against Goliath and to lose everything in the face of power. I am not afraid that my state is against bitcoin, I know it is a state of mobsters and corrupt people, but hey, it’s all there: it is obvious and it is clear. I know I don't have to trust anyone and I have to protect myself and my family if I want to live in the country that I deeply love. That’s why I bitcoin. Now. As long as everyone is giving us mockery I would like to say that I would be more afraid if my state was 'pro bitcoin.' That's where bitcoiners become boiled frogs. Careful my friends, choose your enemies well. https://m.primal.net/LYXX.jpg
Based take. How are you going to handle the 42%?
You still have no use case for Monero? When was the last time you made a merchant adopt BTC or XMR? In the end creating circular economies us the only thing that counts. There are now millions of Bitcoiners. You can not tell me that it is not possible to make your cities merchants not accept it. Not talking about global conglomerates. But those merchants that matter.
Believe! https://m.primal.net/LZDE.mp4
Well said Laura! I'm Italian as well and plan accordingly. I love the region I live in and I'm not really thinking of physically moving. Wasnt planning on paying 26% tax so nevermind a 42% one
To be honest the 42% thing hit me hard... Even though i never sold a sat. What if i pay for something in bitcoin? Do the 26/42 % still apply?
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Yes, for most people, staying and resisting CBDC's is the best option. Yet, it is also the case that since many individuals and entrepreneurs go where they are treated best, a greater game theory plays out where nations have to compete to keep capital, entrepreneurs and skills from leaving. This competition will benefit individual liberties and property rights, albeit may take years or decades to have an impact. Both of these strategies are necessary and all we can do is choosing the one that aligns with our hearts. Italy is certainly beautiful, as well as large parts of Europe. If I stay or leave, I am still thankful for those that go where they are treated best. Their capital flight will put pressure on the authoritarian jurisdictions.
I’m fruitarian and bitcoiner. Peace
