Re: Max Keiser - "Libertarians are Intellectually Lazy & Idiots"

No, the two entities can coexist. Bitcoin is very popular among social liberals, true, but even social conservatives (e.g. Luke-Jr) use it. Bitcoin is politically trans-spectrum, and should remain that way.

On the contrary, if Bitcoin or its successors are successful, Politics as we know it will essentially go out the window.

https://bitcointalk.org/index.php?topic=100804.0

Bitcoin can be regulated just like any other currency. It's just that one can now choose whether to be regulated or not. Politics will not go out the window.

Bingo. Bitcoin does not cure cancer, it just slowly impedes the process at which cancer cells can get their food and teachers other healthy cells that they're not alone, giving them some reason to fight. This is a 200 year battle we're in. Bitcoin is just a whisper of an innovation in the right direction, one that looks to us like the most interesting thing in our decade.

Bitcoin is a currency that the users of can decide whether or not to be regulated. It makes taxes voluntary. That's the game changer. It's not a cure for cancer, it's a means to starve the cancer.

Taxes being voluntary doesn't starve the government. In fact, the IRS isn't even going to care if most people just stop paying taxes with USD. They only target people who are worth targeting, and that doesn't change with Bitcoin. It just gets harder.