RE: What is the point of cryptocurrencies ?

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What is the point of cryptocurrencies ?

in bitcoin •  7 years ago 

ok i see the point there, but will they be able to tax it, as im sure with less tax income budgets would be cut in areas leading to all kinds of chaos in jobs, city repairs ect .

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government print money government tax money, at the end all participants give up control to government.
whereas in bitcoin everything is decentralized, nobody will have any control, thus preventing power inequality