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Thanks- this is a much more well-reasoned explanation. I sort of felt like there was a missing step here- your arguments are supporting the statement "the gove
by XMPPwocky 6y ago
Thanks- this is a much more well-reasoned explanation.
I sort of felt like there was a missing step here- your arguments are supporting the statement "the government SHOULD NOT have the power to seize all your assets and savings", which doesn't necessarily imply "and therefore, cryptocurrency is good"- but then I looked at the parent posts and remembered I asked (approximately) for an answer to the former. So, yeah, you gave a good answer to the question you replied to, my bad.
Well, hmm, I guess I still do sort of object to this paragraph-
"If you believe the government cannot be tyrannical, aren't bothered by high taxes or inflation, aren't concerned by waste or corruption, then I could understand why you don't see the value of a currency outside of the jurisdiction of your government."
I actually do think you can believe/be bothered by/object to all of those things, except possibly inflation, and still not see the value in a currency outside the jurisdiction of your government- currencies don't really have jurisdictions, banks and financial systems do. People and assets can be in jurisdictions, though- so let me just steel-man you a bit here, if you don't mind:
If you believe the government cannot be tyrannical, aren't bothered by high taxes or inflation, aren't concerned by waste or corruption, then I could understand why you don't see the value of a currency that is harder for the government to track at scale, and more resource-intensive to seize.
I think that's even more reasonable, but let me know if I'm misrepresenting your argument at all.
And thanks again!