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2024-08-21 18:41:34

Duncan Cary Palmer on Nostr: #asknostr #bitcoin #thoughtexperiment Good Morning, Plebs and Nostriches!πŸ™πŸ»πŸ˜€ ...

#asknostr #bitcoin #thoughtexperiment

Good Morning, Plebs and Nostriches!πŸ™πŸ»πŸ˜€

Help me out with a thought experiment, would you?πŸ€”πŸ§πŸ˜€ And if this has already been discussed to death somewhere else, please provide a link in the comments below?πŸ™πŸ»πŸ«‚

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?πŸ€”πŸ§πŸ˜‡

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.πŸ™πŸ»πŸ˜€πŸ’–
Author Public Key
npub1cxp3l03x20mkzezzr4takm8w8zuva7xwvacmcewp97z58hjt8xls3mexlq