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A comment on Is Bitcoin the most dangerous open source project ever?.

Re:Is Bitcoin the most dangerous open source project ever? by zethraeus on Sunday May 15, 2011 @08:14PM (#2551173)
why would this lead to prosecution by world governments? well, ok, maybe it will for a while, but if the tech really were to take off, it would just end up being taxed in the end anyway. Taxing it isn't harder than taxing cash transfers.

this is all very cryptonomicon to me.

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Re:Is Bitcoin the most dangerous open source project ever? by mike_esspe on Monday May 16, 2011 @04:04AM (#2551954)
Government can't survive anonymous money not only due to impossibility to tax it, but also due to assassination prediction market: http://en.wikipedia.org/wiki/Assassination_market

If bitcoin will succeed, we will see a political singularity in several years.

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Re:Is Bitcoin the most dangerous open source project ever? by zethraeus on Monday May 16, 2011 @02:55PM (#2553708)
I think there's a fair chance that Assassination Markets are a libertarian construction that underestimates humanity's inherent valuing of life.

As a thought experiment it is interesting, and I'd encourage anyone to read the actual essay (http://jya.com/ap.htm) but, and feel free to call me optimistic, pessimistic, closed minded, soft, or whatever your world view leads you to think of my opinion, the idea reeks of an academic exercise that would just not be accepted universally enough to work.

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