The Ballad of Sir Coinalot and the slaying of Inflarion
In a far off land of knights and knaves, A lowly peasant tilled the soil...
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In a far off land of knights and knaves, A lowly peasant tilled the soil...
It’s amazing how effective the government can get when taxation becomes effectively voluntary; a fee for service model essentially. And with the budget surplus amendment, the treasury now has a growing hoard to leverage with private public partnerships - keeping infrastructure on the cutting edge without the need for onerous tolls or taxes. People pay for what they use.
Before the ocean and the earth appeared — before the skies had overspread them all — the face of nature in a vast expanse was naught but chaos uniformly waste. It was a rude and undeveloped mass, that nothing made except a ponderous weight; and all discordant elements confused, were there congested in a shapeless heap.
An Introduction to Bitcoin is an attempt to explain as many of the pieces of the puzzle, within the confines of a small book. It is a guide, if you will, for those who wish to walk the path laid out for us by Satoshi Nakamoto.
Mainstream economic teaching still pushes the basic belief that inflation occurs when the aggregate quantity of goods demanded at any particular price level rises more quickly than the aggregate quantity of goods supplied at that price level.
It is not weird that various religions have gained a foothold in the minds of man when we realize that each and every one of us comes into being by some very improbable means. You are a descendant from a very long lineage of happenstances.