We should be incentivizing the rich to buy boats, cars, etc. and invest in new businesses that employ people. Better that, than waste on government.

@nat brunell no, I hate capitalism

How’s Covid treating you?

I like crony capitalism, what I really hate is golf and ingrown toenails.

The useful test here is regulatory capture: Stigler coined the term for when regulators end up serving the industries they're meant to oversee, and public choice theory shows special interests predictably lobby for inefficient policies.

Great video! Keep up the good work. If the ads were at the end, after the explanation as to why bitcoin helps solve these problems, I'd share it with my family and friends. If you are allowed to do A/B testing, it might be interesting to see if a different edit to the same video gets more shares/views.

Great video Natalie

I like to look at real life examples. You don’t hate capitalism. You hate crony capitalism. — I don't hate either form, I just know that capitalism does in his natural form what we all know from the much loved game 'monopoly'. The winner takes it all and the rest goes bankrupt. The nice thing in capitalism in our current form is, that we can hide behind "corporate personalities" instead of our "natural persona" and we can extract wealth from the corporate persona into the natural and let the corporate persona die (go bankrupt), a totally normal process. Tax the Rich and socialism aren’t the solution. — You have not defined the problem, but your video suggests, that the quality of products and the value of money (purchasing power) have gone down. Dear Nat, please look at other countries too. I am Swiss and our problem is the opposite (we have to de-value our money, so that our exporting industry finds buyers), I only eat biologically grown food, because I can easily afford to ignore the crap you guys eat in America. We solved food supply via import rules and supporting our own agriculture (the whole sector lives 50% on tax funds). No genetically processed food, No corn syrup crap, we shun products with palm oil, we label shit food. It turns out politics can serve the public! The state is for the people. We have direct democracy and a wellfare state. No swiss citizen has to sleep under bridges unless he despises to take money from the state. We have a so called progressive tax ladder, which means, that we count together what you earned and what you own and that determines the rate of your taxes, the more you have the higher your tax rate. If you stop working at 65, every citizen gets around 2500 Swiss Francs, no matter how rich you are. Every worker has a secondary pension fond from the age of 25, where every employer and employee are forced to pay equally into it 2.5/2.5 percent of the salary (5% pension). If you loose your job you have 11/2 years payed salary (but only 80%) and you have to prove that you try to get a job. After that your money comes from another fond for those in need. Our tax rate? We work 11/2 month for the state 1/12 of our income and because we still have unions, we are paid a 13th salary at christmas (meant for the taxes). And we love it, but we also engage in politics, and we dont let private investors meddle with our education. When you look at scandinavian countries, they take it even further, child support is bigger, men get family time, children can go for free into preschool kindergardens... And they fulfill best what the constitution of every country says - protect their citizen and guarantee them a life in dignity and a possibility to pursue happiness. Bitcoin is a patch in desperate times. What you ought to do is send your lunatic of a president over the plank into lake america. You should stop with your ridiculous voting mechanism, why do you still have delegations, that vote for you? Are you still living in the wild wild west, where the telegraph lines could be cut any time by some angry cowboy? Why you still have the majority vote? Never heard of panashé or voting for parties, never heard of parties, that choose to lay together their voters. Why you have only two major parties, are you commies, secretly admiring they have only one party? Do you know what all the rest thinks of america that voted two times for the most disgusting human being? Do you know what we think of america when we hear, that you have killed all the bees and now you transport bees, just that your monocultures, your endless fields of geneticly deformed corn can grow? Do you know what we think when you talk of the right to own a gun (you stole that from the swiss (totally fine with that), when you did not yet have an army, but like us a well regulated militia), when you forgot that the right to own a gun, comes with the duty to fight for the state? Do you know what we think when people just live with the fact, that school shootings are normal? We think you are absolutley nuts.

Aren't you want of the coldcard grifters?

Nat, that is a No True Scotsman Fallacy. I wish you would discuss this with somebody who doesn’t share the cult belief in capitalism. If you can’t criticize an ideology…it’s a cult.

but I’ve been told that giving up all my property for the same corrupt politicians to redistribute it fairly is a great idea