I came to the conclusion that kinetic wars no longer exist in earnest. Yes people die in combat, but it's solely a product of corruption, greed or even theatre.
All battles, now and henceforth, are for the soul.
Never forget that Visa would function exactly the same under a Bitcoin standard and therefore any Visa transactions can (and will) equally be attributed to Bitcoin.
We've all helped #Bitcoin in our own way, but what is it? (metaphysically)
It defends itself by enemies cooperate.
It tells the truth, but doesn't speak.
It grows stronger, but never attacks.
It takes resources, but never steals.
You won't believe me, but these pumpkins are haunted 👻
I bought these REAL pumpkins for Halloween 2023, but I didn't throw them out because they still seemed fine. Christmas and New Years rolled by with no sign of then going rotten.
These seemingly invincible pumpkins continued strong through the winter and spring.
In May, I moved the one on the right outside hoping the elements would help it compost. Not only has it not started to breakdown, its color has actually improved. In July I moved his friend outside to join him.
If they're still around in a month, I guess I'll bring them back inside for the fall season.
Yes, they're really. People have even dug their nails into them to test for themselves (I do not recommend this however). I have no idea what's going on, but at this point I can only presume they're fully haunted. https://image.nostr.build/f4c47f074e8c2ccb48b500e7698aacf9b73c2febe2d4e441b1343924f4136268.jpg
Listen up – b/c I'm only going to say this once.
It is 𝘧𝘶𝘯𝘥𝘢𝘮𝘦𝘯𝘵𝘢𝘭𝘭𝘺 impossible to tax unrealized capital gains.
Any politician entertaining this idea has no concept of value creation or of the disastrous effects of such a tax.
But let's do a thought experiment 👇
Say you purchase stock in company X and from the time of purchase, its stock increases 100%.
You now owe (say) 28% of these unrealized gains to the IRS/CRA/etc.
But where, you ask, would your liquid capital to pay for this tax come from?
Well — in all likelihood, from selling company X's stock in proportion to the new tax.
& that would be fine and dandy if it were just you and just company X's stock, but it's not just 𝘺𝘰𝘶, is it?
It's 𝘦𝘷𝘦𝘳𝘺𝘰𝘯𝘦 (likely in unison around tax season) and it's everything.
The net effects are dire.
Cascading collapses in the values of all assets would follow, which (of course) negates the impetus for the tax in the first place, but also creates something of a... what's the word I'm looking for [pause]
Ah - yes... economic 𝗱𝗲𝗮𝘁𝗵 spiral.
All this without mentioning how utterly impossible such a regime would make it for startups, founders and private equity in general; it would be over.
In conclusion: the tax is impossible, but more concerning IMO is the shocking ignorance (communism?) it takes to suggest it✌️ https://image.nostr.build/8b2200b9eed1e909f6f195a3566a2be734a5cf53d10e731ecf8c57dee6af39e0.jpg
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