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DynamicWorlds
The Majority Report w/ Sam Seder
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Comments by "DynamicWorlds" (@dynamicworlds1) on "IRS Chief Reveals Horrifying Information About Taxes in America" video.
@keirfarnum6811 citizen vs professional wasn't the real cause of the fall of Rome. The professionalization of the army happened long before the peak. Militarily, the fall was related to the privatization of the military (aka mercenaries which may have been more what you had in mind) and the loss of the ability to absorb losses and get right back on its feet. It was also caused by increasing xenophobia and a stalling of the process of ongoing reforms to keep ahead of the flaws in the internal political/social/economic systems (which then left unchecked, rotted the system from the inside out) We are showing lots of signs, though, I agree.
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Taxes are not theft. Taxes are what gives your currency the universal demand that creates its exchange value and how you pay your debts to those who labor outside the market economy to make your civilization possible.
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@josiahmccallister3150 the amount of energy and computer parts wasted in "mining" them are absurd and it only has the value it does because of people paying real currency for it. That's why its price is as volatile as it is. Normal/real currencies found their excange value on debt relations, traditionally the debt to the people who work outside the market to make your civilization possible, mediated by the fact that the government of said civilization accepts them as taxes, creating a foundation of universal demand. Cryptocurrencies have nothing like that. They're no more actual money than nfts or stocks which give no voting rights or dividends. They just get to trick people they are because they look like it and people are taught myths about what money is and its origins.
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Crypto currencies are pyramid schemes that hurt the environment.
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It's not. It's a pyramid scheme.
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@Sweatyleftist it falls into the same category of scams as nfts and stocks that give no voting rights or dividends: their value is created entirely on people exchanging currency for them. When more people buy in, the value goes up. When people cash out, the value goes down. When the only way the people who buy in make a profit is others buying in after them, that's called a pyramid scheme. It can be dressed up and hidden behind the public being taught myths instead of realities about money, but it remains exactly what it is.
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@Sweatyleftist so you say there are exceptions and then you suggest pegging national currencies to onw that is a wildly fluctuating pyramid scheme like that will stabilize things? Sorry, but you don't understand money. (Also, the entire notion of a reserve currency, be it USD or bars of precious metals, is unnecessary. Proper monetary policy and the power to enforce taxes are all that is needed.)
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@Sweatyleftist ...you expect me to believe you're even arguing in good faith at all while you pretend you're not oscillating back and forth between Bitcoin and systems you want to paint as so very different like I wouldn't notice. Fact: you just proposed using Bitcoin as an international reserve currency. All your claims about other cryptocurrencies are irrelevant in that context and I'm not going to pretend otherwise. No matter what vague language you employ to distract from that.
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@Sweatyleftist ooh, calling you on your blatent dishonesty seems to have hit a nerve, huh? But yeah, I'll keep telling the truth and you'll keep telling people things that will drive up the value of your investment and their expense. I get it.
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Wars get funded on the government taking out debt. Social functions get funded by ongoing taxes. (For the colloquial use of the term "funded" at least. If we ignore the absurdity of the federal reserve and how private banking creates money, the federal government spends money into existence and creates the universal demand that gives it market value while controls inflation via taxes)
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@chrisalan3307 😆😆😆😂😂😂
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