Hopefully I will be able to see it far enough ahead to get myself, and all my money, out of their country before that happens.
Actually, thanks to bitcoin, even an angry revolution won't help them. At least when the russians raided the royal palace and the homes of all the wealthy, they could coonfistake tons od gold, money, and other valuables. Now they will just kill people without any access to their bitcoin passwords
If you own means of production, real estate or any other physical capital in this country it can be expropriated, as well as rights on virtual capital (patents and copyrights) simply voided.Actually, thanks to bitcoin, even an angry revolution won't help them. At least when the russians raided the royal palace and the homes of all the wealthy, they could coonfistake tons od gold, money, and other valuables. Now they will just kill people without any access to their bitcoin passwords
Bitcoin won't save your property in case of revolution!
Someone says "Down with the bourgeoisie!" and you all tear down the machines. Now you have no food, no clothing, no tools, and nothing to entertain yourselves with.
Good job, you poor starving morons!
Socialist ≠ Luddite! The problem is "technological inequality" caused by automation and unfair redistribution of the product they create in favor of capital owners instead of workers, not the machines itself!Good job, you poor starving morons!