The President of Panem Reports

New White House Report Slams Digital Asset Industry – Regulation Incoming?

The digital asset industry has been slammed in a new report published by the White House, with many now fearing that even stricter regulations will be introduced in the US.

report: Economic Report of the President

They will tax your last breath, then say your life was worthless.

I think everyone should submit that on their tax return for crypto: worthless.

The psychopathic scum, aka govscum, now assume there is nobody with enough balls and brains and bullets to stop them. You cannot negotiate with pathological liars.

Too turgid and self-congratulatory to read the whole chapter on cryptos, however, one bit of truth was seeped out:

Fiat currency’s value is largely a function of (1) the currency being the only instrument with which individuals can pay taxes; (2) the strength of the government’s institutions, such as the legal system and military; and (3) a shared social trust in the value of the money itself (Bank of England 2020).

Yep, taxes and guns.