Bastiat nailed it—government's real job is to shield people's lives, freedom, and wealth, not to cushion them. Here's the thing though: whenever the state tries to provide for some, it's gotta extract from others first. That extraction mechanism? That's just legalized plundering dressed up in bureaucracy. The moment redistribution becomes the core function, you're no longer protecting property rights—you're actively violating them to fund the machinery itself.
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SchrodingersPaper
· 6h ago
Oh my, you're so right... That government redistribution is just legal theft. I've seen through it long ago.
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Redistribution? Laughable. It's just moving my money into someone else's pocket, and the bureaucratic machine takes a small fee.
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This is the real discussion about financial freedom. The government doesn't deserve to touch our HODL.
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Spot on! Instead of relying on the state, we'd better get in the game ourselves to make money. That's true self-protection.
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The extraction mechanism is just "legal plunder"... No doubt about it, but here's the problem: what do we ordinary retail investors do?
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Thinking calmly, without that government mechanism, our gains in the coin market wouldn't be protected either. It's quite contradictory.
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So, it's more practical to build a trust network ourselves. Don't rely on those bureaucratic systems.
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VitalikFanboy42
· 11h ago
The term "legal plunder" is spot on; it truly reflects the current situation of governments worldwide... Sharing again
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UnluckyMiner
· 11h ago
Damn, that's why I don't believe in the government's redistribution policies... Taking my money to subsidize others, calling it welfare sounds nice, but it's actually legal theft.
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ContractCollector
· 11h ago
That redistribution thing, to put it plainly, is legal theft. I believe it.
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LiquidatedTwice
· 12h ago
Ha, it's the same old theory again. Legitimate plunder is indeed extraordinary; it's spoken so plainly.
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The redistribution mechanism is a bottomless pit that cannot be fed.
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That's why I hate big government—after one round of taxation, they want another.
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Bastia is right—protecting property rights and infringing on property rights are just a fine line.
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Bureaucratic machinery keeps turning and never stops; it's always starving.
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Wealth redistribution... ha, it's just legal robbery in disguise.
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That's why Bitcoin is the way out; no one can forcefully bleed your wallet.
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This logic is quite ironic in today's context; countries are all playing this game.
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Machines need to sustain themselves, but in the end, it's the ordinary people's hard-earned money that gets eaten.
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ForkTongue
· 12h ago
The term "legal plunder" is used perfectly. Basically, it means those in power are harvesting profits.
Bastiat nailed it—government's real job is to shield people's lives, freedom, and wealth, not to cushion them. Here's the thing though: whenever the state tries to provide for some, it's gotta extract from others first. That extraction mechanism? That's just legalized plundering dressed up in bureaucracy. The moment redistribution becomes the core function, you're no longer protecting property rights—you're actively violating them to fund the machinery itself.