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Good point. We are heading into a direction of a new society which put a lot less trust on institutions, a p2p society, sort of. Nothing which isn't independent
by anovikov 13y ago
Good point. We are heading into a direction of a new society which put a lot less trust on institutions, a p2p society, sort of. Nothing which isn't independently and technically verifiable will be trusted, and government will encircle itself, being put out of the loop in most transactions, personal and business (which includes paying taxes, too).
Except PRISM, other point were the banks - this isn't visible from the U.S. much, but when Greek bonds were defaulted it was done in a way which avoided the technical default - so, credit-default swaps were not triggered, and people and banks who bought them lost everything. After that, Cyprus banks bankrupted but also in a way avoiding the legal bankruptcy - instead, government instituded a 'tax' on their deposits. All lies! Which means banks also cannot be trusted any longer.
With the banks and governments out, what remains?