With all due respect but that might be the worst take I’ve heard this week.
A currencies value is determined by the economy behind it. There’s a reason why countries with lots of exports have a strong currency, while countries that don’t are weaker in comparison.
Obviously, it’s not the sole reason - economy is complex. But taxes have no role in a currencies value.
Taxes are how currency gets its value. So if you plan to stop using taxed currencies, then sure.
With all due respect but that might be the worst take I’ve heard this week.
A currencies value is determined by the economy behind it. There’s a reason why countries with lots of exports have a strong currency, while countries that don’t are weaker in comparison.
Obviously, it’s not the sole reason - economy is complex. But taxes have no role in a currencies value.