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by robotrout
2934 days ago
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You may not need it, but I am thankful that it now exists. You may be happy with centralized services such as banks and credit cards. But those institutions are vulnerable to intimidation and so proved unsuitable for pot growers in Colorado and for Wikileaks. In the cases of Wikileaks and Colorado pot farmers, they angered a government, even if many other governments (and the state of Colorado) supported them. So it's not about being some bad-ass who fights all forms of government. It's about pushing the boundaries enough that somebody powerful may choose to intimidate your financial provider. Given the number of powerful entities in the world with conflicting world-views, if you're doing anything interesting, you may run afoul of one of them. Even if you personally will never use trustless money, having it exist in the world is making you a little bit more free. |
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It also seems to come at a great price, in terms of pollution and energy waste. Your right to buy heroin, or child pornography, or organically grown cruelty-and-cartel free marijuana is great, but your externalities are horrific.