Government in a Bitcoin Standard?

[Anonymous No.58360102]

How is it possible for a government to exist under a Bitcoin standard? When you transact using Bitcoin, the government is unable to tax. Governments tax Bitcoin when you exchange it for fiat. But if you only transact in Bitcoin, how can the government take a cut? Does a Bitcoin standard necessarily mean anarcho capitalism?

[Anonymous No.58360118]

>humans live for thousands of years without fiat money
>pure fiat money standard since 1971
>how can we live without fiat?

[Anonymous No.58360159]

>>58360102
>But if you only transact in Bitcoin, how can the government take a cut?
It's almost as though it was done by design huh?
Look, the way things used to be was taxation on the people was actually a decent state until the government got greedy and wanted to finance their US war machine. It's exactly the same as every other government in history. Things start off fine and then they exploit their citizens through taxation. Until it becomes impossible to do so, then they print money or debase their currency (see roman empire for this) until finally, and this is where the US currently is entering, the death of the empire.
Bitcoin is the salvation from this. It is literally digital gold. I know it. You know it and fucking Satoshi knew it.

[Anonymous No.58360173]

>>58360102
How did governments collect tax with a gold standard?

[Anonymous No.58360191]

>>58360102
no, but governments will have to get their shit together to be able to function, no more spending whatever and then just print your way out of the red

[Anonymous No.58360224]

>>58360191
They can still spend whatever they like. They'd just have to issue IOUs for bitcoin. Sovereigns don't run out of money, they run out of labor capacity.

[Anonymous No.58360252]

>>58360224
but who would take that? Currently they do because people know they can pay