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RE: Will Programmable Money Help The Welfare State?
Im not sure if changing the form of money will help or not but I'm sure that form of government will.
Democracy at times is abused and even dictatorship is. It has to be a balance of both democracy and dictatorship.
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I think we will have different forms of money becoming mainstream each with their own benefits. Government money will come with strings attached (which is already the case) while private money will have more benefits like privacy and freedom of purchase making it more valuable to people.
That way people can see the benefit of holding hard money and private money and not completely relying on fiat