2 ms·
I'm not an anarchist, but I do think that the everyday person (especially in third-world countries) could use an escape hatch from the global economy, and it ju
by tboyd47 9y ago
I'm not an anarchist, but I do think that the everyday person (especially in third-world countries) could use an escape hatch from the global economy, and it just so happens that Bitcoin fills that role perfectly.
Governments will always be able to tax people and they can tax them in whatever currency they want. This requires people to use their currency. So I don't think that Bitcoin poses any real threat to the powers that be except in harsh circumstances like Venezuela. In some situations, Bitcoin and other cryptos can actually help the government gain power, like in Palestine's situation.