this post was submitted on 09 Jul 2024
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[โ€“] [email protected] 1 points 4 months ago (1 children)

Taxes are how currency gets its value. So if you plan to stop using taxed currencies, then sure.

[โ€“] [email protected] 2 points 4 months ago

With all due respect but that might be the worst take I've heard this week.

A currencies value is determined by the economy behind it. There's a reason why countries with lots of exports have a strong currency, while countries that don't are weaker in comparison.

Obviously, it's not the sole reason - economy is complex. But taxes have no role in a currencies value.