Chapter 90 - Empowered by $DFC Assistance, Reverse Thinking: What if Tax Reduction Went in Reverse?

In the current context, there are individuals who vehemently oppose high tax rates, viewing them as disruptive to the blockchain's operations.

Our prior experiments exploring the impacts of reducing tax rates have shown that while transaction volumes would increase notably, the pace of this growth of trasanction volume would be relatively slower.

Consequently, a strategy primarily centered on incineration, leveraging high tax rates, has demonstrated efficacy over the past two years, albeit with a gradual progress rate.

However, the hypothetical scenario of #Binance discontinuing incineration would essentially signal the demise of $LUNC.

Considering an alternative approach, what if we adopted reverse thinking and escalated tax rates instead? For example, envisioning an exaggerated 5% tax rate, implying a 5% incineration levy on each transaction. How do you anticipate the outcomes unfolding? While one might imagine a complete overhaul of the entire chain, upon reflection, it becomes evident that individuals are unwilling to rely solely on transactions, relinquishing their profits through incineration to others.

Therefore, the proposition of excessively high tax rates becomes impractical.

Hence, the most prudent strategy would involve devising a moderate tax rate that avoids triggering widespread aversion, aiming to boost transaction volumes, although neither extreme would comprehensively resolve the current challenges confronting $LUNC.

Dependent solely on tax rate incineration, it would take several decades for $LUNC to reclaim its former prominence, by which time technological advancements would have made significant strides. Thus, failing to seize the opportunity presented by an accelerated incineration strategy this year would cast a shadow of uncertainty over $LUNC's future. Consequently, repeated incineration and cyclic burning emerge as the primary pathway forward, representing the most feasible and effective course of action currently available. Consider allocating a fraction, perhaps 10%, of your holdings for recurrent incineration through $DFC to augment the value of your $LUNC assets.

Moreover, this cyclical incineration not only enhances your personal wealth but also bolsters the entire community. The collective chain stands to benefit from this practice, potentially catalyzing rapid wealth accumulation. So, why delay? Embrace incineration without hesitation.