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So the solution to me is protecting personal liberties with respect to private transactions. A right to privacy with regards to digital transactions, a culture

So the solution to me is protecting personal liberties with respect to private transactions. A right to privacy with regards to digital transactions, a culture of impeaching, recalling, or otherwise voting out politicians who propose legislation that would curtail those rights, and a legal system that would punish corporations and people who violate others rights to privacy doesn’t necessarily mean that we need crypto. It could help facilitate that, but fiat, specifically cash can do all that (just not yet digitally).

curiousObject 3y ago
Well, yes. Good. We work the political, regulatory and legal systems to develop this utopia. I agree this is what we should be working towards. I am delighted by your optimism, it’s wonderful. But, looking At Washington right now (for example), can you honestly see this happening anytime soon? I’m sorry, but I can’t. I think we should think about how we can work around that gridlock, even if we’re just doing it to pressure the powers-that-be (government, banks etc) to do a slightly better job.
- kemotep 3y ago
  Substantial amount of various systemic reforms would be required to reach this. Election reform, voting reform, constitutional reforms (to the point a new one would probably be necessary), and so much more. All while, like you point out, dozens if not hundreds of thousands of people, politicians, legal frameworks, and corporate interests would work to undermine, delay, or prevent these reforms. They are possible. But it isn’t easy. I just feel, that what cryptocurrency advocates want is really a right to privacy. That the current systems do not have. A currency using a hardcoded hyper deflationary monetary policy and is barely able to make a fraction of the current rate of fiat transactions is hopefully not what they are actually after.
  - curiousObject 3y ago
    Thanks that’s a good answer. I don’t have time to respond, but I appreciate your thoughtful response.

curiousObject 3y ago

Well, yes. Good. We work the political, regulatory and legal systems to develop this utopia. I agree this is what we should be working towards. I am delighted by your optimism, it’s wonderful. But, looking At Washington right now (for example), can you honestly see this happening anytime soon? I’m sorry, but I can’t. I think we should think about how we can work around that gridlock, even if we’re just doing it to pressure the powers-that-be (government, banks etc) to do a slightly better job.

kemotep 3y ago
Substantial amount of various systemic reforms would be required to reach this. Election reform, voting reform, constitutional reforms (to the point a new one would probably be necessary), and so much more. All while, like you point out, dozens if not hundreds of thousands of people, politicians, legal frameworks, and corporate interests would work to undermine, delay, or prevent these reforms. They are possible. But it isn’t easy. I just feel, that what cryptocurrency advocates want is really a right to privacy. That the current systems do not have. A currency using a hardcoded hyper deflationary monetary policy and is barely able to make a fraction of the current rate of fiat transactions is hopefully not what they are actually after.
- curiousObject 3y ago
  Thanks that’s a good answer. I don’t have time to respond, but I appreciate your thoughtful response.