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[–] 7 pts

To prevent wealth accumulation of the peons

[–] 0 pt

Precisely. Control. I actually wrote about this idea.

[–] 0 pt

Nice summery of the current state of fiat currency. But you are highly incorrect about crypto, specifically Bitcoin.

I recommend you educate yourself on the Blockchain, and why it's superior to gold or any other form of hard money.

https://www.youtube.com/watch?v=SSo_EIwHSd4

[–] 0 pt

Each form of currency has its benefits and problems. For example gold: it is universally accepted as currency everywhere, it works without requiring computers, networks, electronics, or electricity. This makes it ideal for use where there is no electricity or networks. It is scarce and not easy to create. Gold is anonymous. However, gold is heavy, hard to store securely, difficult to divide into smaller pieces.

Bitcoin is decentralized, easy to transfer to a third party, breaks into small pieces easily, has known quantity. However, Bitcoin can still be broken given quantum computing power. Bitcoin requires a sophisticated infrastructure of high speed networks and computer nodes making Bitcoin extremely brittle in the sense that a break in the chain can cause a failure.

Having said that, the block chain is fine in terms of security. I am saying that when the infrastructure goes down, your bitcoins are stuck in the block chain until all the infrastructure comes back.

[–] 0 pt

Taxes are used to pay a certain number of people so that they can support the ruling party without worrying about their salary.

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Taxation is theft.

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... you pay taxes, in essence, to help keep inflation down and to give the dollar value.

you can't pay your taxes in gold, and if no one paid taxes, inflation would triple.

boiler plate facts.

You have to pay jews in Ukraine with your tax money.

[–] 0 pt

If they printed an absurd amount of money all at once, inflation would explode (to million dollar bill territory). The tax base still does underwrite the debt/printing, even if that relationship is increasingly indirect and asymmetric. I would really like to believe that my taxes don't help my traitorous government in any way (e.g. paying for the replacement of my own people), but that would be oversimplification.

[–] 0 pt

Enslavement. So you do not get ahead. More wages = more taxes.