This is simply a tax problem. This is how democracies work. They vote to give money to the rich. The evidence is clear. There is no reason that bitcoin fixes wealth concentration. It is a one time redistribution of wealth. You'll have the exact same problems if wealth is allowed to concentrate. Eventually, the people revolt and you get either a dictator or pure spcialism. Wouldn't it be better to just fix the tax system?
The top ten percent have $114 trillion in wealth. Ten percent of that is $33,000 per person in the USA. 30% pays off every cent of debt.
jcraddock / Jim Craddock
npub1w0…jz2tf
2025-03-23 13:13:04
in reply to nevent1q…u7he
Author Public Key
npub1w0v2psmnnsq23qpwum66hc8wxvxc083t6xpndmx28z3qtsv9xutsfjz2tfPublished at
2025-03-23 13:13:04Event JSON
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"content": "This is simply a tax problem. This is how democracies work. They vote to give money to the rich. The evidence is clear. There is no reason that bitcoin fixes wealth concentration. It is a one time redistribution of wealth. You'll have the exact same problems if wealth is allowed to concentrate. Eventually, the people revolt and you get either a dictator or pure spcialism. Wouldn't it be better to just fix the tax system?\n\nThe top ten percent have $114 trillion in wealth. Ten percent of that is $33,000 per person in the USA. 30% pays off every cent of debt. ",
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