I recently wrote an article discussing the use of a crypto currency as a means to selectively divest from your governments actions [1]. Selective in that you can choose some to use fiat, and sometimes not. Similar to how we selectively care about the environment by sometimes recycling and sometimes not.
While withholding taxes is probably the most effective means of divestment this is not really possible. but it seems to me that avoiding using a USD, or NIS, somehow contributes to the reduction of the economy size and currency base that can be watered through pumping more paper into the supply. But I have little proof of this and would be happy if someone could point me where to RTFM. Until now in discussion I use two analogies to convince someone that reducing paper currency supply effects gov action. 1: two trillion for two US wars and near two trillion (much of it printed) for the recent bailouts is not a coincidence. 2: there is a reason china and other nations argue for an internationalized reserve currency instead of USD. would be happy for comments or assistance in this debate 1. https://medium.com/@cyphunk/use-a-crypto-currency-end-a-war-166816dc4f2 -- Liberationtech is public & archives are searchable on Google. Violations of list guidelines will get you moderated: https://mailman.stanford.edu/mailman/listinfo/liberationtech. Unsubscribe, change to digest, or change password by emailing moderator at [email protected].
