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RE: Private Blockchains

in #bitcoin6 years ago

I dunno! To be honest an authoritarian corporate regime seems scarier to me than an authoritarian state.

Atleast with our current governments (in western europe anyway) we have some kind of sense that they are providing us with basic securities. I'm not sure if corporations are even remotely as employee oriented as states are people oriented.

Take away the power from the state, it creates a vacuum. Who will fill it? Facebook? Google? Banking Corp X?
Seems to me like there may be some sense in having a state. They're not all bad. They do offer protection from perhaps even more evil things. I guess you could say the same about the italian mafia, though. In the end I guess it's a matter of which mafia you'd prefer to serve.

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Who do you think funds your politicians? Who do you think owns your national debt? Who do you think makes decisions about your currency supply? Government?

I get your point, but I still think the state functions as a kind of restraint from an otherwise all-out corporate takeover. Even if our democracy is lacking today, it would be completely vanished in a corporate world.
It would be inevitable that megacorps like Google of Facebook or others would simply buy up everybody else. Much like is happening today already, but tenfold worse.
Without states to keep the peace, what's keeping corporations from even accumulating private armies and waging war? A corporation could easily take over a country whose state is deprived of it's power to defend itself.

And when you get down to it.... I mean.. just ask yourself, would you rather fight and die for your country, or for your employer?

Neither! I left the military for a reason!

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