Oddbean new post about login | logout It would be a shame to see a country come to these measures. I would be forced to consider casting my vote by foot
Shame? yes. Unrealistic? Nope. Has Happened many many many times in history. Listen to Revolutions podcast (https://podcasts.apple.com/us/podcast/revolutions/id703889772) Every revolution was fundamentally a money problem.
Unless they anticipate that and increase the exit tax on bitcoin
I lost the keys to that stuff years ago.
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.