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RE: ADSactly Tech News: Are Privacy Coins the Future of Crypto?

in #bitcoin7 years ago

I hope the people start to realise how much a government has control over the individual. We used to be in a cash based society, now it's all electronical digits, wich are owned by a bank. And you have to show all your information to a taxation system.

But don't get me wrong. It's not that I am against a tax system. But the Taxation system has gotten out of hand. Tax Authorities figure out at every angle, every aspect of our lives to scoop up a little profit from the individual.

Privacy is a human right in my opion and it should be cherished. I think privacy coins will be very important in the near future, or atleast coins where you can choose to have a privacy option like Dash.

Certain companies should function on a transparent basis. Whereas the individual can transact in a private way. You could be easily exploited or hacked as an individual. Like city halls who use the money of the people living in the area should be fully transparent in their spending. As it is not their money they're spending.

God this comment has gotten out of hand!

Really enjoyed the post have a great day!

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Welcome to the matrix. I'd say that people have seen this coming since the 60s and 70s when they saw corporations steadily clawing more and more power. We can argue that taxes are needed to a certain extent to pay for socialized investments. Schools, roads, security and places of relaxation and recreation are all funded through taxes. I do however think that mainstreet gets an unfair shake while the uber wealthy use every loophole in the book to avoid their fair share. Social costs are thrust upon the middle and lower middle class while the rich blame everyone except themselves for the lack of a more fair and equitable society. This article focused on the need for privacy centric tokens to exist because at the end of the day the haves are more concerned with the have-nots staying in their place than actually having more themselves. Crypto represents a huge shift in the possibility of those with less having more and that scares governments and the elite. They want the control, they thrive because of it and if they feel you are gaining more, they simply won't accept it.

Grab a big bag of privacy coins, things are going to heat up in crypto!

i am against the tax system tough. Even if we say there is a decent motivation behind the idea of taxes, economically it is still a waist of money at best. Services from the state can only satisfy subordinate needs in contrary to a free market.

Try to imagine services without taxes. Will be something like in XVII Medieval Europe – you can be murdered for no reason. Just because. That's why tax is important. Also, giving back is a good feeling. And only after that, you will get your lamborghini

https://steemit.com/ripple/@karolynaz/thank-you-ripple-for-my-first-lamborghini-omg-please-share-if-you-like-ripple

I can imagine a lot of good services without taxes, better and cheaper education, medical care, security more self responsibility... If we pay directly for services in a free decentralized market there is competition between service providers where the best service & price will win. i can "give back" without paying taxes even with a better feeling and in aw more efficient manner. paying taxes has nothing to do with being social or solidarity because you are not doing by your own free will but because the state forces you. Getting robbed is no good feeling, perhaps for masochist... You think taxes are not robbery? try and go ahead and don't pay your taxes, the state will kidnap you and put you in prison if you resist the state will use violence as long until you give up or until you are dead. pretty much like in Medieval Europe where people had to pay much taxes to the aristocrats. A major reason for the french revolution or 30 years of farmer wars. While kings and aristocrats lived from the work and productivity of the people, people themselves were starving and dying. The first documentations of demands for human rights in our history were during that period. No offense but your argument is 180 degree opposed to reality. Social peace comes from early trades between humans, where people learned that social cooperation is better than killing and ripping each other of,the state wasn't envolved in that process