Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoins goal to end governments?
by
Stegobit
on 24/04/2018, 04:03:18 UTC
Bitcoin and other cryptocurrencies have good chances to loose power of governments thanks to diminishing taxation pool.

I see a loop:
More people use Bitcoin -> less taxes govt able to collect -> less funds govt can spend on enforcement of taxation legislation and other totalitarian things like brainwashing and online censorship -> more people use Bitcoin and other cryptocurrecies as real pressure from govt decreases.