Topic: End of Governments - page 10. (Read 6575 times)

Great words, but don't forget that Jefferson's "freedom" model was designated for the white and was based on slavery.
Today western "freedom" is also backed by 3rd world countries which play the role of those slaves.

Sorry to add just a quote as a response, but it's apropos.

"I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it."

-Jefferson

I would actually suggest the tribal areas of Somalia. It's still 3rd world, so it's not up to the safety and health standards of the US, but from reports, it's pretty decent.

However, nowadays "centralization and confiscation" is fairly repressive but the only method to keep stability in "modern" society which consist may be of over 90% "zombies" who depend mainly on social programs and subsidies.
If somebody disagrees, they may try to go and live in tribal area of Afghanistan to feel all the "pleasures" of society without authorities and governments.
Bitcoin, IMHO, is just like an offshore haven to hide assets for wise people. But the majority of not-so-wise people will continue ignoring it as they ignored great opportunities of "banana islands" in the past.

"... Governments are instituted among Men, deriving their just powers from the consent of the governed..."

True, but crypto is the best weapon thus far in the battle against centralization and confiscation.

What's ironic to me are the people that now possess this weapon yet still WANT to comply with some arbitrary authority.

In fairness, you don't need BTC to dodge taxes: cash works well enough at a local level. It's tougher to move cash or metal discretely over large distances, however.

So what? That's why Bitcoin was invented.

Technically correct but tough to enforce. And not all tax offices are quite as arrogant or aggressive as the US IRS (though they're all bad).

Wrong - that's called tax evasion.  Receipt of bitcoin is like receipt of gold - it must be reported as income to the tax authority in your nation.

They couldnt just make a new, discrete wallet?

The governments were bound to collapse with or without Bitcoin, what Bitcoin does is make it so that people who are wise enough to at least diversify in Bitcoin don't suffer because of their actions.

Crypto digital currency as a way to bring down local governments?
Not saying tomorrow or anytime soon, thinking about the probability.


In their current incarnation, yep, definitely. As they rely on subterfuge and anonyinimity for its users (sound familiar?).

If (as is feasible) states and systems take on bitcoin (for tax purposes)
- People getting paid in bitcoin can avoid tax if they spend/keep their bitcoin in the bitcoin world, until the system adopts something along the lines of 'known wallet for initial wages, for tax purposes'. The onus same as now.

As today's system, we can not just go and look at David Cameron (UK) or Obama's bank accounts, and who is sending what, and how much. Under a bitcoin system, we would, anyone could. And I don't imagine the current 'style' of governments we had would last very long if everyone could see exactly what the politicians and parties were getting. Especially if some law stated that all large donations had to be declared. Thinking about it, politicians and especially the bankers already have the 'privacy' in place that bitcoin promises to give to the masses ..


Avoiding tax paying to corrupt parties and politicians would (when bitcoin was massively used) cripple governments. Also freeing up more local money to spend in a persons surrounding area.

So.. (assuming the inevitable growth of bitcoin)

1. If governments don't adopt they'll lose massively on tax, meaning more job losses and more tax to those paying still, to continue to fund their wars and banker bonuses.

2. When they finally adopt it, employees of the states finances will be much more transparent. This would hopefully force disbandment of corrupt parties and officials and growth of honest/transparent parties.

3. Government parties adopt late, or collapse, and bitcoin spending is done on supported local authorities, which gain more independence.


Hm.. these are just thoughts, I can't really see how governments would totally collapse, just the current greed/bankers fed corrupt governments to end, which wouldn't happen until sometime after the adoption of bitcoin by a state. And saying all this, individuals would still be able to receive anonymous money, just makes parties and those employed more transparent at the first instance, which is a hell of a lot more than what we have atm.