Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's Dystopian Future
by
AnonyMint
on 14/11/2013, 22:47:24 UTC
I wouldn’t be surprised if this chaos gives rise to a strong, centralized, one-world government which gets its revenues by tightly reigning in freedom of commerce in order to collect taxes. For instance, I will not be surprised to see a requirement someday that every person buying or selling have an implant which tightly binds their identity to the sale. Perhaps the implant will even be located on the back of the right hand or the forehead! This may seem repugnant to you now, but wait until you have lived in the storm for a while before you call it impossible. The natural reaction to the deadly chaos of decentralized currency is for the populace to embrace increasingly centralized controls on commerce. The battle lines are only just starting to be drawn, and your guess is as good as mine for how it will play out.
Already happening, mostly due to the drug war and 9-11 security theater crap.  Bitcoin does not accelerate this either. 

Incorrect.

If Bitcoin's market cap stays on the exponential trend, it will consume the global wealth in a few years.