Re:Ethereum: A Store of Value with Cash Flow [pdf]
by jdmoreira on Wednesday April 21, 2021 @06:49AM
(#26887796)
I would even argue the only reason crypto has any value is because people think they are sticking it to the man or hiding away from them. But that’s just a fantasy of course.
Re:Ethereum: A Store of Value with Cash Flow [pdf]
by CryptoPunk on Wednesday April 21, 2021 @01:36PM
(#26892844)
Governments get all of their power from the people that constitute them. When people find a way to organize themselves that is a million times more efficient, then they will be superseded.
From the taxman knocking at your door. They have prisons you know and some really well armed goons.
They also control the education system and pretty much everything else and are capable of stealing your children from you and send them to die in some far away shore.
They create all kinds of myths and bullshit and we take them for granted... like national identities and currencies.
Pretty powerful system.