"Profits will also be given a tax break." "Belarus has also allowed IT specialists to stay in the country without a visa for 180 days." "The decree was signed by the Belarusian President Aleksandr Lukashenko last Friday and comes into force in three months."
OP here, I'm not a communist or a capitalist, nor do I think of anything Lukashenko does as a standard
Mason Walker
the dumbest movie references always become he most relevant, scary shit
Anthony Morgan
something doesn't fit here, OP
Julian Bailey
Bitcoin is just an envelope for US dollars, if you aren't going to tax the profits it's just saying
"Hey we want massive income inequality and less government oversight of capital"
Brody Scott
or in the case of Belarus the Belarusian Ruble
Kayden Ross
profits on what exactly? transactions using buttcoin, or transactions of buttcoints into ruble?
Evan Scott
sounds like you're just a retard
William Watson
Luka is a Neo-Soviet, not full communist.
Samuel Bailey
Bitcoin is literally going to crash the world economy and will liquidate many petty bourg and labor arisocrats' retirement accounts. You can only make so many tethers. This is what true acceleration looks like.
Cameron Ross
Belarus isn't socialist, retard.
I don't care what they do.
Carter Sanchez
Nah. The individual countries will just prohibit credit card companies and banks from converting money into/out of virtual currencies, and bitcoin is DOA. Just like that.
Nations manage their economies by controlling their currency, and they won't let some mysterious hacker firms (especially any foreign ones) meddle in that. This guy may be allowing it just because Russia is closing it down (bit by bit) but Russia had good reasons for that. And it's not going to do anything different for Belarus.
Anyway,,,, the cost of doing bitcoin transactions is already too high, and it is only going higher. Bitcoin is about 95% done already. It has some good possible uses but handling dinky online payments (several hundred million a day) isn't one of them.
Nolan Price
That would be hilarious tbqh
Anaps create a "currency" out of bogus sentiment on stability of the dollar after a financial crash
"currency" has EXPONENTIALLY more instability and deflation/inflation than USD
they pump Bitcoin up to some crazy number and get central banks in countries without sovereign currencies to invest in it
they dump hard
world depression
Dylan Jones
Communists should develop a crypto currency and use it to enforce price controls.
Nathaniel Jones
Yep that is what communism is, price controls and a decentralized currency.
Luis Young
Actually existing socialism (as opposed to utopian bullshit which only exists in your head) has always involved price controls. The problem is that black markets always undermine them and vast amounts of resources have to be devoted to enforcement. A state-backed cryptocurrency would allow for total control over prices because the government could totally lock out all non-compliant vendors and prevent capital outflows.
Dominic Fisher
"Actually existing socialism" is/was just capitalism.
Liam Bell
"I haven't read capital" the post
Xavier Bailey
That is completely anathema to the concept of cryptocurrency, which operates on the ability to skirt the bounds of state price control or policy designed to affect trade relations/trade terms.
Ayden Fisher
"I'm pretending to have read capital": the post
Daniel Myers
It's anathema to the liberal ideology behind most white papers, but there's nothing stopping the creation of a revolution controlled crypto currency.
Justin Butler
That is like saying that cars involve tires and then trying two sell you a worn tire for 10,000 bucks
Xavier Turner
it's not like that has ever troubled the state
Elijah Clark
so he's literally making ancap utopia
next he's gonna ban the construction of roads
you forgot ☭☭☭FULLY AUTOMATED GAY LUXURY SPACE COMMUNISM☭☭☭