The largest hoax in the world is the government.

Remember the post-DeFi narratives that speculated about "blockchain states" being a reality as cryptocurrency grew stronger I still think about it a lot, largely because I believe crypto is positioned as a superior economic layer for the globe owing to certain basic features that simply solve or, dare I say, "restricts a lot of things When someone asks me why Bitcoin works, I usually give a three-word answer: risk and reward.People underestimate the power of incentives, even though they live in a reward-driven culture.The amount of applied incentives and related risks distinguishes how the actual world operates from how blockchain economies emerge.

For instance, taxes carry dangers (repercussions) if they are not paid, which is basically fraud. They also offer no guarantees. The government will tell you that your taxes support a broad range of national initiatives and help the economy expand, but that isn't always the case.Undoubtedly, a portion of your taxes will only be used to construct or repair roads, as is typical in third-world nations. Even more amusing is the fact that even though many of these nations have abundant natural resources, including crude oil, the government nevertheless seeks to get as much money as possible from the populace whenever possible.

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The government is meant to represent the people, but the issue is that after the votes are cast, it is built to exclude the people it is meant to represent.The system is faulty and has to be replaced with something that uses rewards and dangers to compel responsibility given the amount of power being transferred.Isn't it absurd that while serving as a "Governor or President" is a vocation, these people are treated differently from those in other professions?

Since it is provable whether a project has been finished or not, construction workers are not compensated if they fail to show up and complete the task.Consider it. Inflation tokens are used to fill the treaty. I'm basically just diluting my own wealth if I vote for a plan that adds 20% more tokens to the market without using the money to bring in money and investment for the state. What use is that.

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Instead of being imposed and paid out of pocket, taxes are made using inflation tokens that are used to finance the appropriate initiatives.Hive operates on DPoS, which is ideally the best consensus mechanism for this. It is the most efficient method of managing any economy. We are ultimately harming ourselves and no one else if we support things that don't improve the ecology.