[liberationtech] Bitcoin and The Public Function of Money

[StealthMonger]

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Dmytri Kleiner <dk at telekommunisten.net> writes:

> ... for example, [money] can be used to pay taxes.

Taxation is a threat against which a liberated individual has to
defend itself.

> ... the State is clearly unsatisfactory for modern publics as a
> result of the fact that static territorial forms are increasingly
> ineffective and inappropriate structures to serve global,
> distributed communities.

Agreed.

> Thus, Bitcoin's innovation in terms of creating a networked form of 
> commodity money is not useful in creating networked forms of public 
> money, ...

Yes, Bitcoin liberates trade from "public" extortion ("taxation").


- -- 

 -- StealthMonger <StealthMonger at nym.mixmin.net>
     ... who has not requested or consented to any political jurisdiction

Key: mailto:stealthsuite at nym.mixmin.net?subject=send%20stealthmonger-key

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