ziero0
25th July 2025, 05:41 AM
In regards to fiat only
Money buys labor and it pays taxes. That is all. Ownership is following the communist model of being prohibited.
Reasoning
Labor needs a carrot to perform. Money is it. A gold prospector might invest years of his labor in search of gold. When he finds it his labor is paid by what he receives for gold. You could substitute lead, tin or copper. Some pay more. Some pay less. Find nothing and the labor is gratuitous.
A loaf of bread. It is not the bread you are paying for. You are paying for the labor to grow the wheat, the labor to mill and bake it, the transport labor, the warehousing labor and the clerk you pay for the sum of all these labors at checkout. The wheat is free.
The same observation results for the gardener, roofer, carpenter, plumber or United Auto Worker.
Now taxes. Government sends a bill. Or you self-assess. They accept the payment. Government does hire people but nothing that directly attaches to the product you are making payment for. This product is the fear you will be punished for not making the payment.
As to this model --
The only reason to collect fiat money is to buy someone's labor or to pay taxes. Some laborers cost $1,000 an hour and are worth it. Other workers cost $15 an hour and you would do better if you did the job yourself. If you don't need to pay labor and cross off this reason to collect money then government has no basis to charge you taxes (or has fewer reasons anyway).
But...what about ownership?
First I should state that I don't agree with the communist model of eliminating private property. But you assert that ownership in court and courts all practice Equity and community property. Law was always used to protect private property and if you use fiat money you cannot be called an owner (because you are only paying for labor and taxes). And no court is going to protect your dream of private property because THEIR labor is paid with FIAT. This for all intents and purposes destroys your right to own anything with the associated remedy for a trespass.
As a possessor of fiat money you are an agent for a community property state. Likely this holds true for cryptocurrency as well.
Money buys labor and it pays taxes. That is all. Ownership is following the communist model of being prohibited.
Reasoning
Labor needs a carrot to perform. Money is it. A gold prospector might invest years of his labor in search of gold. When he finds it his labor is paid by what he receives for gold. You could substitute lead, tin or copper. Some pay more. Some pay less. Find nothing and the labor is gratuitous.
A loaf of bread. It is not the bread you are paying for. You are paying for the labor to grow the wheat, the labor to mill and bake it, the transport labor, the warehousing labor and the clerk you pay for the sum of all these labors at checkout. The wheat is free.
The same observation results for the gardener, roofer, carpenter, plumber or United Auto Worker.
Now taxes. Government sends a bill. Or you self-assess. They accept the payment. Government does hire people but nothing that directly attaches to the product you are making payment for. This product is the fear you will be punished for not making the payment.
As to this model --
The only reason to collect fiat money is to buy someone's labor or to pay taxes. Some laborers cost $1,000 an hour and are worth it. Other workers cost $15 an hour and you would do better if you did the job yourself. If you don't need to pay labor and cross off this reason to collect money then government has no basis to charge you taxes (or has fewer reasons anyway).
But...what about ownership?
First I should state that I don't agree with the communist model of eliminating private property. But you assert that ownership in court and courts all practice Equity and community property. Law was always used to protect private property and if you use fiat money you cannot be called an owner (because you are only paying for labor and taxes). And no court is going to protect your dream of private property because THEIR labor is paid with FIAT. This for all intents and purposes destroys your right to own anything with the associated remedy for a trespass.
As a possessor of fiat money you are an agent for a community property state. Likely this holds true for cryptocurrency as well.