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A comment on What Bitcoin’s White Paper Got Right, Wrong and What We Still Don’t Know (2018). Parent comment

Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by stale2002 on Saturday October 31, 2020 @08:07PM (#24956297)
> Many of our governments are liberal democracies.

The liberal democracies are pretty open and positive on cryptocurrencies. So no, it does not seem to be threat to them.

Instead, it is more of a threat to the less liberal countries.

[ Parent | on HN ]
Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by JumpCrisscross on Sunday November 01, 2020 @12:46AM (#24957290)
OP advocates wilful tax fraud [1].

If large portions of the economy aren’t paying taxes, I am not paying taxes. This breaks down the social contract. Given authoritarian nations’ increased force projection, this vision of cryptocurrencies first corrodes liberal democracies, where those not paying have courts and Constitutions between them and the state.

[1] https://news.ycombinator.com/item?id=24953317

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Re:What Bitcoin’s White Paper Got Right, Wrong and What We S... by stale2002 on Sunday November 01, 2020 @01:12AM (#24957371)
> OP advocates wilful tax fraud

Nope! Liberal democracies allow cryptocurrency and it very well could be the case that some of these crypto events are non taxable events.

Thats just working within what liberal democracies allow.

> have courts and Constitutions

Courts and constitutions are pretty important in liberal democracies. I support the protections that those provide, personally.

[ Parent | on HN ]