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> We also can't ask the corrupt official whether he wants his communication to be traceable and seizable, yet cryptography enables him. I take the point, but c
by Brakenshire 13y ago
> We also can't ask the corrupt official whether he wants his communication to be traceable and seizable, yet cryptography enables him.
I take the point, but communications privacy is much more of a cultural norm than an individual choosing whether or not to pay tax. We could live in a world of communications privacy far more easily than a world without government.
Also, from a technical point of view, communications are pure data (with an origin and a destination), a currency is much, much more. The ability to hide data is not enough to make a currency functional.
- VMG 13y agoPeople having more power over their wealth does not necessarily mean the end of government. It increases the incentive for government to convince people to pay voluntarily. I also agree that cryptography alone is not enough to eliminate the distinction between data and currency, but the consensus mechanism of Bitcoin could have been the missing piece of the puzzle.