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RE: Bitcoin Considered A Commodity By Central Bankers - Why? They aren't wrong...

in #bitcoin7 years ago

As citizens of the world, they can use any crypto they want, but they shouldn't have the power to tax something that isn't a government created or regulated thing.
I have no interest in working with CB's and I understand how fiat currency is created... that's why I use crypto.

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None of what is mentioned has anything to do with taxation, so i doubt you even read the article. Second, Central Banks don't determine tax, regulators dont determine tax, congressional and senate committees do.

Pretty rude response.
I had no idea that I was only allowed to comment on the few points you posted about in the huge spectrum of currency and its relation to Bitcoin.
Central Banks create a huge tax through inflation.
Good luck with your blog.

How when we have global stagflation?

Commodity vs. currency is a pretty simple concept. Opinion is fine, informed is better.

Thanks for the well wishes.