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Comment Re:They won't. (Score 1) 232

Another thing to do with a carbon tax is to reduce other taxes to keep it revenue-neutral. The tricky part is making sure the poor get enough relief, since income tax cuts don't give them much extra money. In the US, paying everybody's first $X of FICA payroll taxes might work.

The really neat thing about carbon taxes is that they allow the market to adjust to produce less CO2, which is going to be more efficient and effective than top-down directives.

Comment Re:Ah .. .The War On Cash Continues (Score 1) 240

In the US, cash is legal tender for all debts. That doesn't mean people have to accept it in exchange for stuff, but it does mean that, if you owe money, cash works. There are transactions that involve short-term debt, like restaurant bills, and longer-term. Every two weeks, my employer owes me money, and I'd have no legal recourse if they decided to just hand us cash. I'd be annoyed, personally, but that's not a legal issue.

Comment Re:Blanket Warrant (Score 1) 201

Your Fourth Amendment rights work, more or less, with your persons, houses, papers, and effects. They don't necessarily apply to information a third party has about you. In this case, Coinbase is a legitimate business, and there are reporting laws that likely come into effect. I'm not a lawyer, and I don't know the legal situation, but this is very likely legal.

Comment Re:Only a matter of time. (Score 1) 201

As soon as you could purchase normal day-to-day goods, it became inevitable.

Yup. If you just buy and sell bitcoins, your dollar transactions show all the income the IRS needs to concern itself with. When you buy them, hold them, and then buy stuff with them, you're getting an opportunity to hide capital gains. Say I buy $500 worth of BTC, it goes up to $600, and I sell for a profit of $100. That's taxable income, although it may be capital gains of some sort. If I buy $500 worth of BTC, it goes up to $600, and I buy a $600 3D printer with it, I've still gotten $100 from my speculation, I still owe taxes on it, but my dollar transactions won't show it, and the IRS needs to know more about my dealings to verify my taxes.

Comment Re:Holocaust denial (Score 1) 369

Quite a few years ago, I was looking all over for Pearl Harbor conspiracy websites and books (the one that made the most sense was concerned that Nimitz, not Kimmel, was the Celestial Commander-in-Chief, Pacific - that's something I don't absolutely know is nonsense, and there is a good argument to be made that Kimmel received more than his share of the blame). I might as well have been looking for Holocaust denial sites, since I was looking at the structure of some claims from Banned-CPU. Doesn't mean I believe in the conspiracy theories, or that the Holocaust didn't happen.

Comment Re:missing info... (Score 1) 369

What do you do when someone who has been observed by the authorities commits an act of terror? Russia warned us about the Tsarnevs, and there was that nightclub shooter who was under surveillance. I haven't noticed much excoriation of the US authorities for these.

Not to mention that a two-year prison sentence won't prevent him from committing terrorism. It'll make him think it's more necessary, and it'll give him skills and contacts to be more effective.

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