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Unpopular opinion. Real monetary inflation is only 10% or so annually in the US. The corruption of the government is more than 10% of their spending. They could easily raise taxes to cover that 10% and carry on at current corruption levels. Or do nothing and still have 80% of the corruption.

Some of you have an underpants gnomes type understanding of how this works.

1. Bitcoin

2. ????

3. Freedom

Step 2 is we still need to fight like hell. The jump in your net worth and free time will free up resources you can use to fight harder. To study more to know what the seeds of tyranny look like so that we can pick the battles that have the highest return for winning. Most importantly to fight and not sit back and assume we will win just because we found a new weapon.

Bill Cypher 8mo ago

Before Fiat the government funded large expenses with bonds. The most recalled today were war bonds. Believers in that government action would buy the bond which funded it up front to be payed back with interest out of future tax revenue.

Think about that government program you hate. Do you think NPCs who support it would buy bonds to fund it if dear leader told them it was the only way?

If the answer is yes, Bitcoin doesn't fix it. You will need to become an activist and fight it the old fashion way.

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Discussion

u32Luke 8mo ago

The real 51% attack is NPC to freethinker ratio.

I'm think there's a limit to how much free thinking humans can progress while remaining on earth. At some point the seekers will have to invent new physics and go into the unknown/outer space/whatever exists out there.

But progress sure as shit ain't coming from the crowd.

u32Luke 8mo ago

The people who won't progress are the ones who are overly attached to being altruistic, collectivist, or controlling other people

Bill Cypher 8mo ago

Humans conquered the planet by cooperation. The problem is attempting to scale that cooperation by force instead of voluntary association.

u32Luke 8mo ago

I think the most probable outcome is something like Galt's Gulch. The NPCs are net tax consumers anyway so it doesn't really matter what they would fund. The role of BTC + cypherpunk is to make it difficult for NPCs to steal from productive people

Bill Cypher 8mo ago

They can just raise taxes and show up with guns to get their taxes same as they do now.

u32Luke 8mo ago

At least the darknet can add some friction though. And encourage people who are on the fence to participate.

Also FOSS gives space for criticism to improve the systems we're building