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> That said, we have zero chance of fixing our corrupt political system We do have a chance. It's not going to be long until a critical mass of individuals und

> That said, we have zero chance of fixing our corrupt political system We do have a chance. It's not going to be long until a critical mass of individuals understand that democracy is a system that legitimizes coercion, and that taxation is theft and generates poverty. We just need one more generation until that happens. When people reach that conclusion, they will move their money away from fiat currencies and they will move their information into distributed systems (eg. blockchains). By consequence they will make states and coercion not viable. Without the ability to control currencies, states go bankrupt and can't even pay for people to steal your money. Welcome to anarcho-capitalism, while I wait for the downvotes.

DiseasedBadger 7y ago
If putting your money in crypto prevents you from paying taxes, it's you who'd go to jail. If any government saw a dip in taxes, they'd just pass a law requiring an "internet driver's license". Then require your wallet number. Such licenses are already common, outside the US. So, less anarcho anything. More jail time, and then forced labor, and then one again paying taxes. Sorry.
- ObscureMind 7y ago
  Wages must be paid to people in order for those taxes to be collected, and in order for jails to be built and operated. "The government" is highly inefficient at doing whatever it proposes itself to do. All the work it performs doesn't provide actual value. So much so it can only make its own accounting "work" by the means of printing money. Without that ability it wouldn't be able to honor the debts it acquired while it emitted currency, potentially leading to a default. If it manages to get out of that, it would have to be significantly downsized, with many of its functions migrating into the free market. "The government" is composed by individuals, such as politicians and public workers, plus corporations associated with them. All of those people have financial incentives. Once fiat currencies start losing too much of their purchase power, even those people won't want to keep using them, feeding into an ever decreasing size of the state. Those people would have no financial incentive for creating an "internet tax", or using guns to steal other people's money in the presence of a market that is now more free, growing fast and making people wealthier. They'll just leave "the government" to be paid better, or even to get paid in the first place, as "the government" might become bankrupt. Of course "the government" will try to collect taxes by all means imaginable. Fat chance. With less and less ability to pay its officers, it will progressively lose its power to enforce taxation. Keep an eye on the financial crisis that is overdue, and what's going to happen after it, so that you understand how short the life of the state is. But if you really think that's bollocks, do yourself a favor and don't accumulate crypto currencies.

DiseasedBadger 7y ago

If putting your money in crypto prevents you from paying taxes, it's you who'd go to jail. If any government saw a dip in taxes, they'd just pass a law requiring an "internet driver's license". Then require your wallet number. Such licenses are already common, outside the US. So, less anarcho anything. More jail time, and then forced labor, and then one again paying taxes. Sorry.

ObscureMind 7y ago
Wages must be paid to people in order for those taxes to be collected, and in order for jails to be built and operated. "The government" is highly inefficient at doing whatever it proposes itself to do. All the work it performs doesn't provide actual value. So much so it can only make its own accounting "work" by the means of printing money. Without that ability it wouldn't be able to honor the debts it acquired while it emitted currency, potentially leading to a default. If it manages to get out of that, it would have to be significantly downsized, with many of its functions migrating into the free market. "The government" is composed by individuals, such as politicians and public workers, plus corporations associated with them. All of those people have financial incentives. Once fiat currencies start losing too much of their purchase power, even those people won't want to keep using them, feeding into an ever decreasing size of the state. Those people would have no financial incentive for creating an "internet tax", or using guns to steal other people's money in the presence of a market that is now more free, growing fast and making people wealthier. They'll just leave "the government" to be paid better, or even to get paid in the first place, as "the government" might become bankrupt. Of course "the government" will try to collect taxes by all means imaginable. Fat chance. With less and less ability to pay its officers, it will progressively lose its power to enforce taxation. Keep an eye on the financial crisis that is overdue, and what's going to happen after it, so that you understand how short the life of the state is. But if you really think that's bollocks, do yourself a favor and don't accumulate crypto currencies.