Post
Topic
Board Bitcoin Discussion
Re: Any recent word from Bill Gates?
by
cryptopunk
on 01/07/2013, 15:16:03 UTC
Billy is a vehement supporter of the cashless economy. He claims cash is an enabler of criminality and corruption. Naturally, I would expect him to hate Bitcoin.

I believe megacorporations, crony capitalists and totalitarian governments are responsible for the lion's share of harm done to the people, not petty criminals and corrupt cops. A cashless society where the rulers can supervise all economic dealings of the populace and deny trade and property to anybody they select is a dream for Stalin, Pinochet or Mobutu. Governmental corruption is not deterred by lack of cash, corrupt officials will mask transactions as legitimate business dealings, deeds for land, offshore accounts, "consultancy contracts" etc.