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Making the government accountable for what they spend money on seems like a good direction to go in. The government programs you mention are only possible becau
by hd4 5y ago
Making the government accountable for what they spend money on seems like a good direction to go in. The government programs you mention are only possible because of easy access to the money printer, Bitcoin solves this.
As for what's next, collapse/anarchy etc, who can really say? As always it's up to the people. Bitcoin places sensible limits on government spending power (and therefore on government power more generally). Governments now have to compete and act sensibly with the tax money they're "responsible" for in the same way any of us are responsible for how we spend our money.
- Nursie 5y ago> ... easy access to the money printer, Bitcoin solves this. LOL. Tether has entered the chat....
- automatic6131 5y ago>The government programs you mention are only possible because of easy access to the money printer, Bitcoin solves this. And replaces it with something _even_ worse.
- ClumsyPilot 5y ago> Making the government accountable for what they spend money on seems like a good direction to go in. But you are not making them accountable, you are just making everyone poorer. They could still get away with collapsing the economy because of democratic deficit/partisanship/qualified immunity/shortcomings of the justice system/etc. These are the real causes. > As for what's next, collapse/anarchy etc, who can really say? If someone is advocating a change to the global financial system, I'd like a better answer than this. Communists sound like grand planners in comparison