Cryptocurrency: Laughs at Wealth Taxes, Unrealized Gains Taxes, Govt Deficits

[grarpamp]

> This article seems to claim that taxing the 1000 wealthiest citizens is
> akin to unfairly taxing all of the nation

All taxes are unfair, but just like you did
by propping up that problem with your funds...

> when in reality most funds are
> held by this small group

... you also freely chose to give your funds
to them too.

Continuing to give money to prop up problems,
will not help to remove them.

> and incentivizing them to spend their wealth
> rather than invest it in appreciating capital would stimulate many
> economies.

Then, as foolishly usual, people beg to create
and enforce Governments over even more, which by
their very nature simply cannot solve those problems.
But it does create even more problems...

https://fee.org/resources/economics-in-one-lesson/

Any incentivization / stimulation under government is
nothing more than a dictat, backed by force of murderous
death, that prevents funds from naturally finding their own
better and or more diverse use.


Also Government literally printflated much of the wealth
into the hands of its cronies via Seignorage and First Use
effects, therefore making itself also responsible for the problems,
thereby proving that people should not be creating and
turning to Governments to solve them.


As you see there are many charities that
are open to being incented / suggested,
quite likely by non-governments too,
if they were to receive a solid suggestion
of a possible spend...


Elon Musk Calls UN Crisis Agent's Bluff On "Solving" World Hunger

https://twitter.com/elonmusk/status/1454808104256737289

The world's richest man, Elon Musk, who now has a net worth of nearly
$300 billion, has said he will donate $6 billion to fight world
hunger...if the UN can prove that much money would save tens of
millions of lives.

Musk was responding to director of the UN's World Food Programme, who
told CNN last week that $6 billion from people like Musk and Jeff
Bezos could "help 42 million people" who he said "were literally going
to die if we don't reach them".

In a Tweet out this weekend, Musk challenged the UN's statement,
saying that if the World Food Programme could provide him "open
sourced accounting" on how the $6 billion would be used, he would sell
Tesla stock "right now and do it".

Because we all know how important open sourced accounting is to Musk...

    If WFP can describe on this Twitter thread exactly how $6B will
solve world hunger, I will sell Tesla stock right now and do it.
    — Elon Musk (@elonmusk) October 31, 2021

Musk demanded that the public "see precisely how the money is spent",
he wrote on Twitter.

The WFP's David Beasley responded to Musk, according to Insider, by saying:

    "I can assure you that we have the systems in place for
transparency and open source accounting. Your team can review and work
with us to be totally confident of such."

He clarified that $6 billion wouldn't "solve world hunger", as Musk
wrote on his Twitter, but would rather be a "one-time donation to save
42 million lives during this unprecedented hunger crisis."

Beasley has been spending much of his time on Twitter making the case
that billionaires should chime in and help world hunger.

    The world needs to wake up. We’ve got a global humanitarian crisis
on our hands that is spiraling out of control. 42M people in 43
countries face famine NOW.

    All we need is $6.6B—just .36% of the top 400 US billionaires' net
worth increase last year. Is that too much to ask??
pic.twitter.com/YMD7zuPwsf
    — David Beasley (@WFPChief) October 27, 2021

He said on CNN last week: "It's not complicated. I'm not asking them
to do this every day, every week, every year. The top 400 billionaires
in the United States, the net-worth increase was $1.8 trillion in the
past year. All I'm asking for is .36% of your net-worth increase. I'm
for people making money, but God knows I'm all for you helping people
who are in great need right now. The world is in trouble."