On 9/13/19 12:19 AM, Marcus Daniels wrote: > > One application distributed ledger systems have for currency is > precisely as mechanism to bypass regulation. > > A common reason for the bypass is crime. Another reason is as an > organizational tool against those in power who abuse it. It doesn’t > take a lot of imagination these days to see that the distinction can > be a matter of definition. > My freedom fighter is your terrorist. Vice Versa.
I've noodled a bit on how distributed ledger systems might play in the question of a post-democratic/post-free-market socioeconomy might look like. It seems like such things might address some of the more acute and obvious problems in our current vision (much less implementation) of democratic self-governance and free market exchange of goods and services. A currency that has both taxation and interest built into it? A tamper-proof, low-friction method for "the people" to express their will? This doesn't necessarily address some of the more insidious meta-problems... just trimming off the more egregious tools for gaming the economic and the political systems we live amongst. - Steve
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