The cryptocurrency sector faced one of its most significant security breaches this year as stablecoin banking platform @0xinfini fell victim to a sophisticated cyberattack.
  • kibiz0r@midwest.socialEnglish
    0·
    24 days ago

    It’s not just a preference. Taxation is what gives the currency value.

    The government can create and destroy dollars. It spends dollars into existence, and it taxes them into nothingness.

    But if it receives BTC, it can’t destroy the BTC. Same with any foreign currency.

    It needs to be able to destroy the tax money after you pay it.