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1. Computers can be easily found, seized, searched, backdoored, confiscated, etc. How is that any different than the situation you face with cash? 2. Free tra
by betterunix 13y ago
1. Computers can be easily found, seized, searched, backdoored, confiscated, etc. How is that any different than the situation you face with cash?
2. Free trade does not make welfare unnecessary. The point of welfare is not to lift people out of poverty, it is to ensure that people are not starving to death and that they have a place to live. If everyone had to depend on the free market to make enough money to eat, there would always be people who starve to death -- just like there will always be businesses that go bankrupt. In countries with dysfunctional or non-existence welfare systems people do starve to death when they cannot find enough money to pay for their food.
3. Governments do not need to criminalize Bitcoin to stop it from becoming popular. As long as businesses are required to pay taxes those businesses will need to get the money the government accepts tax payments in. Either those businesses will demand the money up front, or they will accept Bitcoin payments and then run to the nearest exchange when the tax collectors come. Either way Bitcoin is only going to be used as long as people have access to Bitcoin exchanges.
Of course, it is possible that the government is so corrupt and so dysfunctional that it is unable to even enforce the tax code. Such governments tend to not last long.