taxcoin vs cryptocurrency
Cryptocurrencies are really Cryptocommodities created via a computer algorithm with a maximum number of coins / bits used as an alternative store of fiat money. Bitcoin Ethereum Litecoin etc etc.
A bitcoin has in 2017 had a multiple of between $233 and $3,421
A gold ounce has in 2017 had a multiple of $1,139.40 and $1,346.00
taxcoin is created through linking the tax code to money creation. The tax code is in effect an algorithm set out by government and central bank.
taxcoin is not a cryptocurrency it is a sovereign money creation system that combines aspects of fiat money and comodity created money issued by commercial banks and central banks as legal tender in the currency of the issuing financial system
£taxcoin $taxcoin ¥taxcoin
taxcoin Vs fiat money system
taxcoin unlike fiat money is directly connected to the tax system of the sovereign country and the financial system
modern paper / digital currencies are fiat currencies; they have no intrinsic value and are used solely as a means of payment.
taxcoin money is pegged to tax as the commodity
taxcoin Vs Gold standard
Historically, governments would mint coins out of a physical commodity, such as gold or silver, or would print paper money that could be redeemed for a set amount of physical commodity
with taxcoin tax is the commodity
taxcoin Vs Tulipbulb / tulip mania
Tulip mania (Dutch: tulpenmanie) was a period in the Dutch Golden Age during which contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels and then dramatically collapsed in February 1637.