RE: The Argument Over Bitcoins Value
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I just started thinking that they will put a larger tax on bitcoin to keep their Ponzi dollar scheme going. Pay it or go to jail! I could really see this happening. It will be kinda like real estate, you own it, but we can tax you all we want and tell you what you can do, like not being able to collect rent. I guess most people will just hide it or move to a more friendly place.
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I've already mentioned why I think tax is good for crypto if people want to cash out and pay the tax by all means, that's the price you pay for using fiat and there will be parts of crypto that require it yes, but this only forces those who are savvy to either find a geography that is friendly or never to sell and only leverage it.
I would much rather take a loan against my BTC then ever sell it