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re: Bitcoin is a Ponzi scheme—the Internet’s favorite currency will collapse.
Posted on 4/12/13 at 9:38 pm to gizmoflak
Posted on 4/12/13 at 9:38 pm to gizmoflak
quote:
What if the US govt introduced their own crypto currency
What could a gov digital currency do that we can't do electronically now with the dollar?
That has been my biggest at wiki. Every time he posts his list of btc advantages, I destroy him with facts how there are already more efficient systems in place which out perform any btc system in place.
And I've learned over this past week his whole "btc is free or low cost" schtick is BS. The btc message boards are constantly complaining about how much it costs to use the exchanges & the wallets and how some merchants rip them off with hidden fees.
This post was edited on 4/12/13 at 9:39 pm
Posted on 4/12/13 at 9:45 pm to LSURussian
quote:
What could a gov digital currency do that we can't do electronically now with the dollar?
They could micro-tax every single transaction and dispense with income, corporate, and capital gains taxes altogether
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