Loading ...is it too far fetched to believe that the u.s. government will introduce an official cryptocurrency and tax consumption? taxes would be collected instantly on transactions and everyone pays! cash would be phased out and black markets would scramble to exist. to be sure, black markets always thrive because they operate as pure capitalism. the current drug problem is a perfect example.
i have been kicking this around in my limited mental capacity and see a thriving barter economy. the big enemy for governments is cash, precious metal and other readily acceptable transferable wealth. government can confiscate cash, gold and silver but what about other items? black market cryptocurrencies? implants to scan for transactions? massive corruption behind the scene? massive chaos in the transition?
i don’t think i like where this is going.
be very vigilant over long holiday weekends!
rno