RE: The Bloodless (r)Evolution: How Bitcoin Will Destroy Government And Central Banking
You have your opinion, but Jeff's is hardly "Bullshit". Governments are so closely tied (parasitically) to their central banks that when one goes down, the other will too. I realize it's just your style, but when you write like a dick, your blind spots and biases shine right thru. You might not appreciate Jeff's obsession with the government (thus, his anarchist stance), but he is making the point that governments today do not derive their power from democracy, but rather from full-on control of the fractional reserve system. When money collapses, (as the dollar is about to) their corresponding government usually does too. I shudder to see what will be brought out to replace today's western governments, but you can rest assured that preferred replacement is already set up, waiting to be triggered.