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RE: So What if Government Taxes Our Cryptos?
I don't exactly know what you wanna say with this post.
But to be honest if you know how banks and the WHOLE economic is intertwined: the bank sector won't fall apart. If this happens yet, cryptos can't help us anymore, cause the world as we know it well be completly different....no more internet access if banks fall apart, that's what I'll promise you ;) At least in the next 50 years....they are way to powerfull my dear :)
Exactly, they are too powerful. We put a lot of hope into this crypto thing, both as a money making opportunity and as the salvation of humanity. The current banks, I'm saying, will likely fall due to the debt-based system, but central banking, those at the very top, and government as a whole will probably elevate to a single controlling entity.
As for the internet, a decentralized internet would be great -- however will we reach that development in time? I doubt.