[cryptography] (off-topic) Bitcoin is a repeated lesson in cryptography applications - was "endgame"

Bill St. Clair billstclair at gmail.com
Sun Feb 26 11:00:15 EST 2012


On Sun, Feb 26, 2012 at 10:08 AM, Benjamin Kreuter <brk7bx at virginia.edu> wrote:
> On Sun, 26 Feb 2012 08:48:05 -0500
> dan at geer.org wrote:

> Money and government go hand in hand.  Governments need money in order
> to manage taxes, fees, fines, and so forth; yet money becomes valuable
> because of the legal structure that surrounds it, which is as true for
> gold as it is for fiat currency.  Even if you could become completely
> self sufficient, to the point of not have to trade with anyone, you
> would still need to pay taxes and fees (property taxes, hunting license
> fees, etc.), and you will need to make those payments in a manner that
> is accepted by the government (i.e. the money issued by the
> government).  Barter systems, de facto currencies and so forth only
> work on small scales.

You've just made a very good argument for eliminating money, at least
government issued money. Yes, governments just love to assess taxes,
fees, and fines. No, I have no need of any of that.

-Bill



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