From AI to ZK.
Artificial intelligence is the attack.
Zero knowledge is the defense.
AI takes advantage of the slightest slip.
ZK does not let anything slip.
AI decodes all the data.
ZK encrypts all the data.
AI is the surveillance state.
ZK is the sovereign individual.
why not just raise income tax rates?
because your real intent is not to just “provide healthcare”.
you’re masking that you are proposing the creation of, for the first time in the 250 years of this American republic, an organized government seizure of private property from citizens.
you’re calling it a “wealth tax” or a “billionaires tax” or “millionaires tax” or whatever nom du jour polls well. but at the end of the day, it’s the seizure of private property from citizens by the government. citizens that earned money, paid their fair taxes on those earnings (53% if they live in California) and are now being told they need to hand over after-tax assets because the government has failed to provide promised services with the revenue it’s collected, and are now re-casting their own failure to be a socio-economic inequity that must be justly resolved... a slippery slope that has never gone anywhere good (see economic effects in USSR, Cuba, Venezuela, France and Norway wealth tax etc.)
the American founders fled tyranny in Europe and this amazing nation was populated by immigrants (myself and your parents) from around the world not just looking for a “better life” but for a place where they could have freedom from tyrannical governments that can take what they want from private citizens. a great nation borne of property rights, the rule of law, and endowed freedoms to believe, speak, or act. these principles led to the greatest run of innovations, successes, and widespread increase in prosperity, for all citizens, ever seen.
the citizens, the individuals, not the institutions, delivered this progress. those who invented, who toiled, who bled, who sacrificed, who took risk and persevered, who led, and who changed the world, are not charlatans, kleptocrats, or oligarchs. they’re what made us all better off. prosperity is a measure of america’s success, not its failure.
it is your principle that is so offensive, as evidenced by the broad disdain for your flippant flirtation with the darkest of human fantasy - socialism. you and other neo-socialists have led so many of us to reflect on America’s history and what it is becoming. that now leads so many to consider, so unnecessarily, leaving their homes for a place where everyone stands up to shout down the principle you suggest. because if your ideas are now considered moderate, it’s clear this titanic is sinking.
that a “simple tax” of taking assets that have been earned, through toil and tribulation, rightly taxed, and preserved, should now be unjustly seized, is your solution to a problem of obvious government mismanagement and outright fraud, tells us that your true motivation lies not in giving people healthcare but in cutting down success and deleting the system of prosperity and opportunity for all.
i don’t care, and neither should anyone else, what the sum total market value of a private citizens private assets might be. it is none of my business and should be none of yours. because, again, once you open that pandora’s box, we might as well study Lord of the Flies … there is literally nothing stopping 51% of citizens demanding that their government go out and seize 100% of the private property of the 49%.
want to give healthcare to people in need? do your job and fix healthcare. make it affordable. want to be lazy about it? then do your job lazily and raise income taxes.
want to take private property from private citizens who have paid their fair share of taxes and legally earned their property, then honestly declare that it is envy, not inequity, that you strive to resolve…
@jpthor Saying pools of “focus” makes me nervous that there will be manual determination. Can’t it just be market driven by being a small percentage of flows through the pools. Pools with more volume will naturally get more POL.
@BooneW @proof_steve @banana83029121@THORChain Not proposing ending TCY payouts ever. That should never happen, but protocol can choose how they spend the yield received for protocol owned TCY. Or do you think that needs to forever be used to auto-buy TCY?
@proof_steve @banana83029121@BooneW@THORChain Not proposing ending TCY payouts ever. That should never happen, but protocol can choose how they spend the yield received for protocol owned TCY. Or do you think that needs to forever be used to auto-buy TCY?
@proof_steve @banana83029121@BooneW@THORChain Rather than proposing another rug focus on using TCY to protocols advantage. After $1 TCY is achieved use protocol owned TCY yield for something other than buying more TCY. Protocol being the largest owner of TCY opens up a lot of future options.
@Roucas1313 @kylekrason@BitcoinNews21M@vultisig With Vultisig you still have complete control of your key, but it’s split into multiple encrypted shares that allow you much more flexibility in how you securely archive it compared to a seed phrase. Requires zero trust in Google or Apple.
@THORChainMaxi @THORChain Best way to get new node operators is let them easily churn in and make yield with 300k-500k rune. Bond wars deter the new comers.
.@THORChain owes @AaluxxMyth a huge debt of gratitude
Yes, for the design of $TCY and all the work he and his team have put in to implement it, and nailing its execution
But even more so for his quiet leadership, grace, and humility throughout
A quiet giant, fighting for freedom
Thank you, @AaluxxMyth, for all your hard work 🙏
@KentonC137@lastinthechain@Scorch_ed_ Users don’t directly interact with thorchain so what interface are you going to funnel them toward? Or are you going to target wallets and integration partners since those are the direct users of thorchain?
I have an idea! How about this: "The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized."
@BooneW@THORChain right, so the fee is paid in the exogenous asset and creates buy pressure on RUNE prior to the the selling pressure discussed in post when the fee is distributed to LPs.