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A friendly AGI would replace so, so much more than just banking or institutions it makes no sense to even bring it up. And this does not make them obsolete. Th
by MichaelGG 9y ago
A friendly AGI would replace so, so much more than just banking or institutions it makes no sense to even bring it up.
And this does not make them obsolete. The government will easily win. Bitcoin wouldn't have near the amount of adoption, even for drug markets if it was made illegal.
I don't get how anyone thinks governments are so weak or powerless. How some fancy math obsoletes or in any way inhibits a coordinated group with weapons and societal backing to use force.
Edit: And I like bitcoin and have been playing with it for years, when CPU mining worked. Enough so that I could retire if I find my all my old hard drives. I think it's cool and I don't buy into the existence of money laundering other than a fake crime used by lazy prosecutors and greedy governments. But still saying that government is obsolete... come on.
Forget crypto, governments are moving towards banning cash which is far more threatening to our liberties.