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2023-09-11 23:00:22 GMT

Snowden on Nostr: "The power to tax is the power to destroy." Ten seconds later: "So anyway, here's a ...

"The power to tax is the power to destroy."

Ten seconds later: "So anyway, here's a federal income tax."
This is strong evidence that ‘s thesis that the difference in the speed of settlement between commodity money and credit money was gold’s downfall as money is correct.

It’s been a long time since I’ve read McCulloch v. Maryland. Certainly it was before Bitcoin was even invented. I’m going to have to reread it.

https://hls.harvard.edu/today/mcculloch-v-maryland-two-centuries-later/