You're ok with accepting some financial obligation - to maintain the society you belong to - as long as it is a clearly demarcated amount? — creativesoul
Well, I generally live off my savings. Nowadays, I do not earn anything until I finally sell the startup I am involved in, including any saved-up cash that it may contain. The principle is simple. If I do not draw money/profits out of it, I personally do not earn anything. I just accumulate capital gains. Those are almost never taxable unless I "realize" them by selling.A percentage of earnings? — creativesoul
Well, I generally live off my savings. — alcontali
You only have savings by the grace of the social contract. Governments regulate promissory notes such that society can rely on them, and you can hold them and exchange them for goods and services. The concept of property is brought into being by the social contract, and without it you own nothing. — unenlightened
My savings are in bitcoin — alcontali
Bitcoin still only works by social agreement. — unenlightened
So, I am perfectly happy with my choice. — alcontali
And the social contract is just the way social relations are conducted, and nation states with various forms of government are one form it can take, and Bitcoin is another — unenlightened
The reason individuals enter into such a contract is that many people collectively are capable of much more than they would be as individuals, — Pantagruel
It is not possible to avoid the religious capital gains tax, though (2.5%). — alcontali
Your opinions stated here are vulgar and absurd. — Bitter Crank
An indiscriminate approach of that nature would be a disaster, because it would soon put a halt to most sexual reproduction.The money available is best dispersed in as many hands as possible. To hoard the money is to rob the other members of it's possible benefits when better dispersed. — creativesoul
The point of it is that we have to give up individual freedoms in order to live together in harmony. — I like sushi
I think the ‘misunderstanding’ is due to equating ‘leisure’ with ‘freedom’ — I like sushi
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