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RE: A Geek in Prison - A Life Series by Charlie Shrem (Preamble)

in #story8 years ago

Using BTC (or any other cryptocoin) cuts out the bankers' fees and politicians' kickbacks and burrocrats' regulatory fines.

Using BTC keeps special interests and do-gooding group-leeching from milking off taxes.

Rent-seeking and do-gooding are the scourges of efficient and moral governance, and not surprisingly, are the most influential effects on politics.

Politics is of course, the process of how we as people divvy up what the producers in society create. As a digression, it is also the process of how buttinskys tell other people how to live.

Charlie's example shows us how important it is to:

  1. either comply with current laws and make sure you pay the shakedown price
  2. or make sure your own security procedures are up to snuff

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