Duncan Cary Palmer on Nostr: #asknostr #bitcoin #thoughtexperiment Good Morning, Plebs and Nostriches!ππ»π ...
#asknostr #bitcoin #thoughtexperiment
Good Morning, Plebs and Nostriches!ππ»π
Help me out with a thought experiment, would you?π€π§π And if this has already been discussed to death somewhere else, please provide a link in the comments below?ππ»π«
Let's say you hodl some bitcoin at Address-A.
Now PRIVATELY roll some dice, generate a brand-new bitcoin Address-B.
Now, move your stash from Address-A to Address-B.
While it is crystal clear that you control Address-A (by virtue of the fact that you just moved its bitcoin), there is NO WAY on God's green earth that ANYONE can prove you whether or not you control Address-B, amiright?π€π§π
Also, no way of proving that any goods or services that may have changed hands in a proximate time-frame are in any way connected to the movement of that bitcoin...
Consider the implications of this for "taxation" (i.e. ROBBERY) of any kind whatsoever; sales, income, capital gains, etc...
Please discuss below in this thread, Thank You.ππ»ππ
Published at
2024-08-21 18:41:34Event JSON
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"content": "#asknostr #bitcoin #thoughtexperiment \n\nGood Morning, Plebs and Nostriches!ππ»π\n\nHelp me out with a thought experiment, would you?π€π§π And if this has already been discussed to death somewhere else, please provide a link in the comments below?ππ»π«\n\nLet's say you hodl some bitcoin at Address-A.\nNow PRIVATELY roll some dice, generate a brand-new bitcoin Address-B.\nNow, move your stash from Address-A to Address-B.\n\nWhile it is crystal clear that you control Address-A (by virtue of the fact that you just moved its bitcoin), there is NO WAY on God's green earth that ANYONE can prove you whether or not you control Address-B, amiright?π€π§π\n\nAlso, no way of proving that any goods or services that may have changed hands in a proximate time-frame are in any way connected to the movement of that bitcoin...\n\nConsider the implications of this for \"taxation\" (i.e. ROBBERY) of any kind whatsoever; sales, income, capital gains, etc...\n\nPlease discuss below in this thread, Thank You.ππ»ππ",
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