Governments have grown used to enjoying a monopoly over currency that they could depreciate at will.This arbitrary inflation has been aprominent feature of the monetary policy of all twentieth-century states.
政府已经习惯于享有对货币的垄断,他们可以随意贬值。这种任意的通货膨胀一直是二十世纪所有国家货币政策的主要特征。
In the Information Age, individuals will be able to use cybercurrencies and thus declare their monetary independence.When individuals can conduct their own monetary policies over the World Wide Web it will matter less or not at all that the state continues to control the industrial-era printing presses. Their importance for controlling the world’s wealth will be transcended by mathematical algorithms that have no physical existence.
在信息时代,个人将能够使用网络货币,从而宣布他们的货币独立性。当个人能够通过万维网执行他们自己的货币政策时,国家继续控制工业时代的印刷机将变得不那么重要,或者根本不重要。它们对于控制世界财富的重要性将被没有实际存在的数学算法所超越。