If you are busy encouraging lawsuits against open source software developers for writing code, you are attacking the very foundations of the internet. #OSSpic.twitter.com/z0JjN9M8R2
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Before the U.S. government could tax income they invariably relied on excise taxes. But there are practical limits to excise and the elites, who bought most of the gov't debt, threatened to limit their purchases unless new revenue sources (read income tax) were found.
Sales and VAT also have practical limits. If crypto currencies wind up greatly limiting income taxes, then they will help reduce the size and reach of governments.
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