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0 pointsTacticalCoder1y ago0 comments

> Breaking a system you don't like doesn't automatically get you a system that's better.

At this point the US debt is growing by 1 trillion every... 100 days. The system is breaking by itself, not because of Bitcoin.

> While taxes and inflation are generally unpopular they are also vital to the functioning of society and the economy.

Some taxes and some inflation. We're way past these.

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MadnessASAP1y ago

Pointing to a national debt without context does not make a point, much less prove the system is breaking.

Global inflation has very little to do with any one governments choice in economic policy. However it should be said that the current state of inflation would make the problems caused by the widespread adoption of a inflation "proof" currency significantly worse.

Tax rates and distribution are an incredibly subjective and political issue. Given any tax policy there will always be a healthy split of experts and laypersons who think it is woefully low and those who think it is grossly high.

psychlops1y ago

> Pointing to a national debt without context does not make a point, much less prove the system is breaking.

Belief in magic is why the system will peacefully continue until it breaks. While it dollar enjoys the status of the least ugly girl in the room, it too will eventually follow the same pattern of all fiat.

jeltz1y ago

Current inflation is mostly caused by fuel prices and that would affect BTC too.

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