This is an automated archive made by the Lemmit Bot.
The original was posted on /r/nanocurrency by /u/NanoisaFixedSupply on 2025-06-12 02:28:34+00:00.
It's been said "No taxation without representation."
What Nano delivers is "No taxation with representation."
Taxes are Fees. Fees are taxes. Diluting the money supply from inflating is just another form of a tax and a fee.
Being feeless is essential to preserving freedom and liberty.
As long as there is the ability to forcibly extract a value from someone, there is room for corruption.
Nanocurrency is anti-corruption.
If you have inflation of the coin supply, your value is being diluted against your will, and going to someone else who is not your representative.
With Nano, you have representatives and there are no fees or inflation taxes given to them. This forces complete accountability and eradicates corruption.
Even in a system where there is "taxation/fees/inflation with representation", it inevitably leads to corruption of those representatives, increasing the fees/taxes/currency debasement. We can clearly see this is a failed system and Nanocurrency making it the number 1 priority to be 100% comprehensive feeless brings a new paradigm.
Even if there were to be some sort of corruption to sneak into a the nano system, the preservation of being feeless and a fixed supply, makes it a law of necessity by means of market forces and dynamics, to root out the corruption. The corrupt actor (even if he got to power) cannot maintain it - funding through the means of fees or inflation (dilution of the money supply from new currency units) is out of their control. They will inevitably lose their power. They have no reliable source of future funding to keep their wicked and corrupt regime in place. Nano's governance brings perfect equity and fairness and FORCES it. So with Nano having the 1st top priority being 100% feeless/fixed supply/inflationless/tax free, it invariably creates an environment of perpetual self-re-enforcing sustainability around sound government and honest actors.
This is foundational to having trusable money. Nanocurrency is the most trustable money. Even gold and silver (traditional money) has been corrupted with corrupt actors owning goldmines etc and controlling all the supply for themselves. We all share in this planet and nobody should have an edge over our money supply. Nano gives us a sold foundation for an honest financial system. It is better than Bitcoin because there are no fees forced on you and absolutely no new units of supply are ever entering circulation again.
Nanocurrency is BETTER than a Gold Standard.