drgo on Nostr: There is no such thing, or nearly no such thing, as land ownership in the US. In USA, ...

There is no such thing, or nearly no such thing, as land ownership in the US. In USA, you purchase exclusive usage rights of the land, a little bit of the space above the land, and sometimes what lies beneath the land. Rarely some people buy land and pay a lump sum lifetime tax to own the land until they die, then they can transfer it to someone who pays land tax annually (like outside las Vegas during the boom years, this was not rare).

Bitcoin is land without tax.