Oddbean new post about login | logout Why is it so hard to understand that we can have BOTH sound money and strong social programs? This is not an either/or.
It is possible only and only in a society were all the citizens are devout socialists. And maybe there will evolve such societies. I will NOT inhabit such a place.
Strong disagree. But hopefully we get a chance to find out.
What do you disagree with? That I in a world based on the bitcoin standard won’t inhabit a socialist society? Or that maybe there will exist such societies?
That it requires 100% devout socialism to enact any social programs. It only takes 51% of people to want SOME social programs (roads, sewers, firefighters, education, probably military, maybe healthcare if we’re lucky) and to vote for them. With sound money governments can’t print money (inflation is essentially an invisible tax on the poor and disenfranchised anyway), so the only other option is to enact taxes (ideally on the rich) to pay for the programs. I’m not talking “socialize all means of production” here. Hopefully, we’ll have a Bitcoin standard in our lifetime. It’ll be a rough transition and there will be turmoil and upheaval. But when the dust settles, we’ll see if/how people will choose to take care of each other. I’m an optimist. I think people will choose to take care of each other.
You don’t hear yourself, do you? Tax ”ideally the rich”….. because the tyranny of 51% And when the last ”rich” has abandoned your precious ”just” society, what will you do then? I know, you just close the borders for the remaining ”rich” who are not showing enough ”solidarity” for ”the cause”.. Socialism is evil. Fuck it. Bitcoin fixes this.
So I was right. We strongly disagree. We’ll see.
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Yes. I despise socialism. And I feel sorry for people that believe in this EVIL ideology.
With sound money 1) you can’t know exactly how rich someone is who doesn’t want to share that information with you voluntarily, 2) you can’t force anyone, rich or poor, to involuntarily pay taxes they don’t want to pay. So how does your system work then, if not he rich your system wants to tax says “no” other than centralizing the power to…oh, Idunno, say 51%, to force them? Tell me, then what do you have?