whats gst?
"general sales tax"
kk
Goods and services tax
Same same
ah ok
so tax on transactions basically?
ye
Yep
just extrajudicially assassinate tax dodgers
Basically the tax that everyone must pay if they want a governing power if they want to function on a system regulated by the government. In long-speak.
hm interesting
basically you dont pay because you earn but because you spend
Eventually the entire economy is going to be digital, with no cash. Embrace it. Get ‘er done. Make it the primary revenue source.
It won't, Scale_e, and if we let it, we're all absolutely fucked
It will
Utterly and irredeemably fucked
i fucking hope not
Look, if I thought we could avoid it, I’d be doing backflips with you.
bring back gold
But really, it’s inevitable
well the trend seems to be there
You think the scales are tipped now by powerful and malevolent powers? Get rid of cash and it'll be a billion times worse
Assassination has been attempted. Turns out inheritance and mortuaries/funeral corps can claim a horrendous amount, and keep it as their own.
and of course its driven by the pop itself and its strife for convenience
Fuck my internet keeps dropping out
they're on to you
Again. If it’s VISA, MasterCard and American Express doing it, you should be fine. If it’s Sanders and co. Yeah, ur fucked.
RUN!
I'd be worried about manipulation of digital currencies assuming they go centralised
the purpose isn't to get the revenue back it's to act as a disincentive
Currency is pretty much entirely digital already.
Technically most multi-national currency is already digitalized
Cash is a holdover.
Scale_e, your visa/mc/amex comment was possibly the most naive thing i've ever seen on the subject
If there’s competition, we’ll be fine.
these corporations are already putting their thumbs on the scale and dictating who is allowed to transact
there won't be
The _if_ is the issue
Facebook is coming out with their currency and its going to be ... interesting
The if is certain. As to whether the if will remain is doubtful
