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by rabite
1376 days ago
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> reallowing tax havens in the "digital" world where we spent years to try to curtain them in the "real" world. Singapore and Hong Kong have all been tax havens for virtually the entire history of their existence as nations. Nevis has corporate secrecy protected as a right in its Constitution. There has been no attempt to address any of these jurisdictions. Being low empathy for crypto is being low empathy for the middle class, which thanks to RingCT and zk-Snarks has the ability to have the same level of financial privacy as megamillionaires who can afford to spend a thousand dollars or more setting up a trust in Nevis. Ten percent of all the world's wealth is run out of tax havens -- an amount that has gone up, not down, the opposite of curtains. Common people should be allowed the same level of financial privacy as the rich -- that is to say complete and total. It is a basic human right. If governments ban crypto, we should start banning governments. |
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