GOV Bites your Money
The GOV bites your money in a way that you lose years of your life working like a slave to support corrupt bureaucrats and their cronies, time you could have spent with your late parents, your children, your pets, your favorite sport, your friends, and everything the GOV isn’t yours.
Some remote workers in Brazil, for example, need to set up one-person companies (themselves) to receive U.S. dollars without nearly half being withheld in taxes. Even after this costly and bureaucratic process, they still face taxes as a company and corporate income tax for the entity they had to create. Not to mention, if they want to transfer that money from the company (a one-person business) to their personal account, they’ll also pay personal income tax. Plus, on every item they buy at markets, pharmacies, gas stations, or elsewhere, they’ll pay taxes again.
Ancap Solution
But what if this worker could receive those dollars in the U.S. or Euros in EU, convert them to Bitcoin or a crypto dollar (USDC, USDT), transfer to a self-custody wallet, and spend normally at markets, pharmacies, gas stations, or anywhere else, avoiding heavy taxes with a simple credit card or withdrawing cash from ATMs, while protecting their money from your country currency inflation and excessive taxes?
Is it a cool solution right? Never have to bow to the system. Especially by staying on the right side of the Cantillon Effect.