2.where tax evasion would be the rule (unless the Government created serious invasives ontrols of our use of bitcoin and the Internet),
3.where Government would have serious difficulties to adopt any economic policies to avert economic depression.
4.Where people who had fiat money would see their savings ruined, since the good money (bitcoin) would drive out the bad money (fiat), because of the so-called Gresham's law.
5.And since there can be Fractional Reserve banking of bitcoin, we would still have banksters exploring people.
1.Deflation is good for economy, when prices decrease you can reflect before spend your money so actor do better choice.
2.If governement decrease the taxes, the risk/benefit for taxe evasion would be lower and people would enjoy pay taxes
3.Why governement should put his hand there ?
4.No, this would be too slow transition for ruin people
5.WTF ?
Read "thieves Emporium"