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That is orthogonal to the point of the article. The state can demand, using their guns, that you pay them in the coin of their realm. At that point, you need
by rlucas 6y ago
That is orthogonal to the point of the article.
The state can demand, using their guns, that you pay them in the coin of their realm.
At that point, you need to come up with those coins, or face their guns.
You can have your BTC be decentralized and seizure-resistant at that point, but that will not stop the Leviathan from jailing or killing you. The "guns" of the article are the actual guns of the IRS.
- coinward 6y agoDo the IRS really carry guns? The man-power needed and costs to enforce collection of coins means this doesn't scale well for the state
- inscionent 6y agoThey have guns and a yearly budget of US$1.2 billion https://en.wikipedia.org/wiki/IRS_Criminal_Investigation https://en.wikipedia.org/wiki/IRS_Criminal_Investigation
- WorldMaker 6y agoThey are notorious for "always" catching their criminals, too. Local law enforcement of many stripes in multiple states tried to catch Capone, but in the end it was the Revenuers that caught Capone on tax evasion.
- Sschellbach 6y agoFor every Capone there are thousands of people you never heard of successfully evading taxes