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RE: "Mixed Mental Arts" - Episode #346 - Getting to the Root of the Problem- Lawrence Lessig
You make some good points, but I am wondering how much the various blockchain applications will AT LEAST help to MITIGATE the damage created by "government gone wild". For instance, West Virginia just did their first blockchain-based state primary voting test. I was much more cynical in the past, but in the past 2-3 years have begun to detect SOME sort of hope of things becoming AT LEAST somewhat BEARABLE thruogh the application of the blockchain tech. I could be wrong. Perhaps I am just trying to remain MILDLY positive in order to maintain the motivate to even bother waking up in the morning...
Banks rule the world. People roll their eyes at that, but it is true. Debt is the best weapon to wield over others, and fiat by definition is debt of course. Anything that makes the current system bleed is a boon for individual liberty. Everyone should remove all of their wealth from the fiat system as much as possible. None of my wealth is held in USD for example. I have a bank account, but it is kept drawn down all the time and only used to pay bills.
I have a mortgage too, but people should have the least amount of personal debt possible. Then they should also not support government debt. The more money the bank/governments print, the less the currency is worth. It is the worst tax of them all really, and most people have no idea about it. They blame everything but the primary cause: government spending. Put government back in the tiny box it was meant to be in, end all taxes, and stop all empires.
Then we would be much better off, peaceful, and wealthy.