> Society will evolve towards being trustless as the moneyed-class pursue sovereign citizenship and shop for preferential territory on a global scale.
Then I believe it is up to the rest of us to put a stop to this, rather than facilitate it.
Then I believe it is up to the rest of us to put a stop to this, rather than facilitate it.
Those who do so must be held to the same standards as those already resident.
In the UK recently we have seen (yet another) backlash against this in the form of the outcry against the wife of the Chancellor of the Exchequer, who was using "non-Domiciled" status to avoid masses of tax, despite having been resident in the country for multiple years.
I've no issue with people moving around, but moving around specifically to avoid contributing to the country you're actually residing in needs to be ended, and regulating cryptocurrency may have to be part of that.
If I’m paying taxes, I want it to go to something I care about. “Non-dom” status is blatant fraud for sure and I can’t entirely support that. But, shopping around for preferential territories is kind of what everyone is already doing, right? Imagine if your town made it illegal or expensive for you to move to a neighboring town? That’s the problem cryptocurrency is solving for the rich
Sure, it's solving a 'problem' for them, the 'problem' is that they have to follow the same rules as the little people. I can see why they might pursue such a thing, and as I say - it's incumbent upon the rest of us to stop that behaviour, and force them to contribute as others do.