>You could never have crypto in an anarchist vacuum.
This seems like a strawman to me? You can be for replacing the world's monetary system with cryptocurrency, and still believe in having a government with police, roads, and schools.
This seems like a strawman to me? You can be for replacing the world's monetary system with cryptocurrency, and still believe in having a government with police, roads, and schools.
Those people discount just how much underlying social stability matters, and how meaningless an executable contract would be in a violent environment.
>Those people discount just how much underlying social stability matters, and how meaningless an executable contract would be in a violent environment.
How did we go from "let's use smart contracts to enforce business contracts, rather than the courts", to "abolish the entire justice system"?
No one is incentivized to grease the gears of a democratic society. Nobody wants to pay taxes. But they are necessary to establish an environment of innovation, etc (to a point).
There's a reason the dark ages were called the dark ages.
That being said, I'd be curious to here pro-crypto arguments from someone “believ[ing] in having a government with police, roads, and schools”. This is especially interesting to me, because “school” appears in this list.
[1] which cannot really be qualified as anarchists IMHO, but that's another topic.
Is there something inherently contradictory between "a government should collect taxes and provide police, roads, and schools", and "the government shouldn't be entrusted with the ability to print money and/or dictate monetary policy"?
BTW, in most if not all developed economies, the government don't control the monetary policies, the central banks do (and they are independent from governments, by design because people against government intervention made it this way).
If you are rich and have 1000 BTC in various wallets, able to avoid capital controls, etc... why would you pay the 45% biden cap gains? Thus society loses out and rich whales get to hodl
Tax evasion, in the individual style you describe, can be detected in lifestyle choices and consumer habits. Generally, the burden is on you to explain how you've been able to spend more than your official tax records report.
Thus it will increase the problem of people benefitting from society but not paying back into society. Taking resources that would never be able to grow in a vacuum.
It's also unknown what the future holds in regard to effective tracing capabilities, retroactively, by law enforcement and agencies.
My view is based on crypto and society ‘as is’ today. I would have to imagine a different society, with a radical adoption of crypto, to support your argument. But I would if that was the case.