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> Bitcoin itself is a technology of resistance. Private crypt-currencies more so. this. Centralization of power arguably removes risks and is "safer" - at leas
by jfaucett 9y ago
> Bitcoin itself is a technology of resistance. Private crypt-currencies more so.
this. Centralization of power arguably removes risks and is "safer" - at least so long as the power holder acts benevolently. At least that's the common assumption.
However, If we are going to argue against the freedom of Bitcoin technologies and for more safety, centralization and control, we should look at the full context of human flourishing when thinking about what "safety" means. Some people will use BTC tech to do some bad things, they will avoid paying taxes, they will buy drugs, they will hire hitmen. Our societies will have to find better ways to detect and prevent this behaviour.
On the flipside though, the USA had a tax revenue of roughly 3.5e9 in 2017 and a military spending of 0.8e9 [1,2]. That's roughly a quarter of all tax revenues. If you think a large portion of that is not leading to the deaths of thousands of innocent people yearly you're dillusional. [3] We need to ask ourselves, and historically we can look at the evidence for/against, whether or not we should trust our Governments to act benevolently.
I think the benefits of more checks and balances on the abuse of power, far outweigh the negatives, which we will have to find other solutions for whether we have a Bitcoin technologies or not.
1. https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762 https://www.thebalance.com/current-u-s-federal-government-ta...
2. https://www.thebalance.com/u-s-military-budget-components-challenges-growth-3306320 https://www.thebalance.com/u-s-military-budget-components-ch...
3. https://www.globalresearch.ca/us-has-killed-more-than-20-million-people-in-37-victim-nations-since-world-war-ii/5492051 https://www.globalresearch.ca/us-has-killed-more-than-20-mil...
- Xeoncross 9y ago> so long as the power holder acts benevolently History fills in the rest.
- RobertoG 9y agoHistory tell us that the powerful always abuse their power, but it also tell us that, government or not government, the powerful always exist. So, you can see modern governments as a power to defeat or as a way of trying to control power.
- Xeoncross 9y ago> you can see modern governments as a power to defeat or as a way of trying to control power Summary of all current events