Early Bitcoin Investor Roger Ver Charged with Tax Fraud

Note that the same tactics that were used to wreck Bitcoin are now being deployed against Nix, as the open source community has struggled to learn the right lessons from Bitcoin.

> it makes perfect sense to me that that's the feature the market converged to

The market certainly didn't converge to that outcome. It was the result of relentless political scheming and psychological manipulation of a small number of people, combined with criminal tactics like DDoS attacks. The winners of that fight have then tried to retcon what happened as some sort of natural or obvious outcome, but then why did it require so much viciousness and illegal behaviour?

The market value of all cryptocurrencies seems to move in tandem, or at least did many years ago when I last cared about this topic. It reflects nothing more than the general hype and brand awareness around Bitcoin and crypto. Certainly a "store of value" that can't directly be used to purchase things is worthless, as any government that wishes to void that store of value and force users back into their own currencies can do so overnight by simple legal fiat.

It's not like the US is funding that foreign work to be done on their behalf, either. So the reticence to even bother with creating bank accounts for American citizens makes sense.

The US government makes employers (corporations) pay a large amount of money into the private health insurance system (Required by law per employee. That sounds socialized, doesn't it?). They do that to reduce the tax burden on the poor, and to maintain healthy competition in the insurance market, for better or for worse.

In my opinion, that means doctors make more money because insurance companies put the burden of paying them on big corporations that can afford to do so.

Essentially, it means the poor get healthcare, the rich pay for it, and small business owners can expense it as a reduction in tax liability.

What do you suppose you'd do if you were an employer (a corporation) with global media reach who didn't want the government to force you to pay for your workers' health care?

Well, I think you'd invest a lot into propaganda teaching people that rich corporations shouldn't pay it, the government (aka poor taxpayers) should pay for it.

And that's why so many people are under the same impression that you have (or had).

John McAfee was also arrested in Spain in 2021 for tax evasion taxes, and was found dead in prison.

https://news.ycombinator.com/item?id=27609027

[0] https://en.wikipedia.org/wiki/Roger_Ver [1] https://www.hijackingbitcoin.com/ [2] https://en.wikipedia.org/wiki/Bitcoin_Cash [3] https://medium.com/@jonaldfyookball/why-some-people-call-bit...