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0 sats \ 0 replies \ @optimism 7h \ parent \ on: Which is Worse: Taxes or Fiat Money? econ
Your choice only makes sense if choosing taxes means Bitcoin or gold or land or even stonks are no longer available because of that choice. Like: you won't be taxed but you aren't allowed to spend your fiat; that would make it a different story, because then there is no wealth preservation anymore, just "credits" that get devalued.
It is super easy to hedge against fiat without that, because you just need to spend it. Many bitcoiners still have fiat jobs (I don't but I should; it's one of my mistakes.)
Taxes though; I remember getting the knock on the door. And the threats. And then I had to go to court. And waste tons of money to defend myself against a wrongful government action because their automated system was extrapolating past income on me. Without taxes, I would have been spared that, so maybe I'm biased.