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100 sats \ 15 replies \ @CliffBadger 19 Oct \ parent \ on: I don't think you understand how credit cards "work" bitcoin
You're assuming that only a state can lead collective action, and that's just not true. People voluntarily pool their resources together to make investments as groups all the time. The only difference is that the state demands the money up front, at gun point, with no discussion, for nothing in return.
You are free to check out anytime you want.
Citizenship is voluntary association and pooling of resources.
You are welcome to go build a Libertarian Citadel - but you never will because its pie in the sky nonsense.
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Statism and taxation are not a voluntary pooling of resources.
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Yes they are- you are free to leave anytime you like.
Good luck with your citadel...
Or Haiti might suit you well.
Very low taxes and very little government.
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The state is free to leave my citadel.
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Your citadel huddles like a parasite within the state.
You will be imprisoned for tax evasion.
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Who's going to cover the costs of arresting me?
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Confiscation of untaxed assets and income.
https://www.cnbc.com/2025/10/14/bitcoin-doj-chen-zhi-pig-butchering-scam.html
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The fact that they found this particular guy's password says very little about the long term implications of even 5% of the economy adopting Bitcoin. The tax code as it's written today punishes the individuals and businesses who don't adopt Bitcoin.