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How will governments function in a world that has transitioned from fiat to hyperbitcoinization? This is a question that I have thought about recently, and I wanted to think through what happens to governments on a Bitcoin standard. The questions I have are the following: how will governments fund themselves? How do your taxes work in a digital landscape, and how will governments respond to this dilemma?
How Will Governments Fund Themselves?
Most hardcore Bitcoiners probably could care less about what happens to the government on a Bitcoin standard. I would venture to say…
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