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RE: The Failure of Fiat Currency

in #cryptocurrency7 years ago

this is all true but I feel like capitalism already replaced government. I believe it happened right around 1890 with the rise of the Robber Barons. It was complete by the time the Spanish American War was over. The problem is that the government will strike back hard at crypto and there will be a period of struggle. I hope for the best but control of the currency is what allows nations to have a military. To much money in the hands of the people and they lose that advantage and society crumbles. Perhaps the government will try to accumulate as much as possible . We'll see but I'm hoping that having steem is the right move for me .

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You make some really good points.

The world is already a corporation.

Thank you for comment - you're challenging me to consider the viability of existing structures of government to be a part of the solution.

I've recognized that I've had a bit of a bias with regards to government(public) vs private(corporate)

Again, thank you - you've given me much to explore :)

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