RE: SIM down again - but now I am president (again)!
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I appreciate the thought put into this comment!
One thing that we will get in about a month is the new lobbying options. Not only will the ranking rewards be based on different metrics, solving the unfair 'luxury tax' problem I mentioned in this post, but there will also be an option to lobby to reduce the INCOME TAX!
Its also not necessarily the case that 0.00025 sim price means no SIM, it just means a ~95% INCOME tax, further reducing the presidents power to do something other than 'nothing'. Remember that you need ~112% taxes to reduce everyone to zero, as law firm, BTC mining tech and DeFi tech boosts the earnings of the players who use these cards.
0
0
0.000
Ah, I thought Gerber mentioned that the 100% income tax threshold was at a value of 0.0001 Hive, and that it goes beyond that if the price goes even lower.
But I may well have recollected that wrongly!
In fact.. I'm asking gerber on Discord about this right now, just to clear up my own confusion ;).
Edit: And Gerber answered... the 100% point is indeed at 0. So my original post is a bit wrong I guess! I'm sorry for wasting everyone's time with that.
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