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Comment by endisneigh

Focusing on democratic nations specifically for a moment - I don't see how it could be a balancing weight. Presumably all issues with a country and its handling of their own currency could be resolved solely through democratic political means.

No technical solution - cryptocurrency or otherwise - necessary.

I don't really understand your second point. Taxation by definition is involuntary. I won't discuss the merits of taxation (vs. detriments) but a "voluntary taxation" system would result in a prisoners dilemma where no one would pay taxes. Eventually the government that implements such a thing would be no longer able to fund itself and in quick succession find itself literally bankrupt.

parent endisneigh 5 years ago

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