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Ben Green
@numtel
Easy to use Sybil resistance schemes are the most important part of a network state. Cryptocurrency wrestled money creation from military-backed nation-states by figuring out a mathematical fix for double spending but we still need the other half: taxation to take money out of circulation 🧵
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Ben Green
@numtel
Without Sybil resistance, you can only do flat tax, which is kind of pointless since you could just do inflation instead for the same effect
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