Where does this ‘government doesn’t know any of that’ actually work in practice? America has become a joke, the rich do not pay their share of taxes and face no punishment.
They do not declare what they should be paying taxes on (spirit of the law, not what they can get away with, remember you wanted that honesty policy).
It’s unfortunate that crypto has become a worse state of affairs in terms of greed and inequality, but I think long term it offers the capacity for transparent finance.
I’m pro privacy on a individual basis, but I don’t think financial or corporate privacy has served the world well.
> the rich do not pay their share of taxes and face no punishment.
The government tracks everything we do right now, and the rich still don't pay their share of the taxes or face punishment for it. So why don't we stop the tracking, since the rich aren't paying anyway, and stop pretending that blanket surveillance is somehow beneficial and desirable for the rest of us?
Where does this ‘government doesn’t know any of that’ actually work in practice? America has become a joke, the rich do not pay their share of taxes and face no punishment.
They do not declare what they should be paying taxes on (spirit of the law, not what they can get away with, remember you wanted that honesty policy).
It’s unfortunate that crypto has become a worse state of affairs in terms of greed and inequality, but I think long term it offers the capacity for transparent finance.
I’m pro privacy on a individual basis, but I don’t think financial or corporate privacy has served the world well.