It doesn't end the state, it ends central banks and the money printer. Which in turn will remove a lot of waste and zombie entities from the system. The state will be made smaller due to market forces.

Reply to this note

Please Login to reply.

Discussion

Agreed, but the anarchist’s dream of a stateless society must also be fulfilled

Bitcoin is stage 1

No it doesnt. It never can and never will. If it was a threat, anything and everything btc would be illegal. They love it. They are getting rich over the artificially inflated price.

The corpo-state wanting to co-opt bitcoin doesn't mean it already has.

Bitcoin enables a system outside of the state, if people use it that way. We are seeing it used both ways, and I'm not calling winners and losers yet.

Again, my issue isnt with the coin. I use it. But I can also see the problems.