When Bitcoin Separates Money From State

What will that look like?

What will the tax structure look like on a city/state/fed level?

Will there even be taxes?

Since The Fed will no longer be able to monetize debt, what does that even look like, since everything runs on debt, including the taxes you paid? Would the tax rate skyrocket to makeup for the loss of monetizing debt?

Fascinating and mind blowing to try and think about this.

submitted by /u/knuF
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