RE: Friday Finance 5/6/2022: Misguided Decisions

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We should recognize how taxes can be used to grow the economy and also be fair to people i.e the crypto users. but it's the other way round most times

If this can be done, then we can at least endure for the time being, until we find a way out of their big pocket.

Wikipedia has a whole lot of information but I doubt they do about the crypto world. We need a decentralized wiki someday or maybe Hive can fill the gap.

If it takes moving countries to protect their profits

I see no reason not to go for a better location if it brings growth.

We have companies here in Nigeria has moved to other countries to run their crypto operation in nearby countries after the government banned crypto last year. They can still manage their business and get paid in crypto but cash out in another currency.

This is how much power crypto is giving all small business owners. TOTAL FREEDOM

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If I am making a decent amount, I really don't have an issue paying taxes. I did it this past year in fact. It's just one of those inevitable's like death. I know there was a group called Everpedia that was working on something. I am not sure what ever happened to it.

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The money multiplier for the US Government is negative. This means that each dollar that goes in (via taxes) yields less than a dollar return. Thus economic growth is better served by being in the private sector which at least has a positive money multiplier.

I would presume most governments mirror the US in this regard.

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