it is regulated by many the same groups who utilize the system, and so it is inherently corrupt.

  • fuckwit_mcbumcrumble@lemmy.dbzer0.com
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    5 months ago

    The tax is on pulling it out. People make small trades all the time, and computers make millions of them. It would take more time and money to calculate the taxes than the actual taxes.

      • sour@feddit.org
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        5 months ago

        Wait, so if a single thing that costs 10bucks and gets traded between companies 100 times should be taxed 100 times before it reaches the end consumer?

        Do you really need to be told how much this increases prices?