Post
Topic
Board Economics
Re: My challenge to bitcoin
by
DaftAjax
on 11/10/2019, 17:05:31 UTC
For sure, Bitcoin is an asset, and a speculative one at that, for the most part. However, it is still a good value transfer vehicle, and still more so if you don't want to show your wealth to anyone, especially the prying eyes of the government and their greyhounds. It doesn't know borders, so you don't have to bother about ridiculous financial regulations (read, limitations) imposed on international money transfers (which could be a pain in the ass). This is where Bitcoin can be not just a substitute but often the only option available (say, for the unbanked)

I'm really starting to think that you don't like everything that the government requires you to do, and everything about the government trying to do to you.

In the topic "Taxless society idea", we argued about whether society needs to have taxes and a government or not to survive/exist.
Taxless society idea
Taxless society idea
Well, obviously, you said that a society CAN survive/exist without these two elements. But I have something in mind.



And now, you're also leaning on not having, as much as possible, any contact with everything the government needs you to do. Well, I can sympathize with that one (it's a pain in the ass). So, you really value anonymity that much? I was leaning on "transparency" by the government, so that fairness on both parties could be realized (more work for them).