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by huis 2555 days ago
Yes ofcourse they will.

When a county doesn't receive tax it will be a very big problem.

So countries need to be in control of the flow of money.

It is also a very big problem is an outsider can change the value of your own currency. So you don't want US companies taking over your money flow.
1 comments
koonsolo 2555 days ago
It's my money, so also my flow of control, not that of the country I live in.

I know this is open ups the whole discussion about cryptocurrenies all over again, but maybe some people don't want government to have the monopoly on storing and transferring 'money'.

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seren 2554 days ago
>It's my money, so also my flow of control, not that of the country I live in.

It is a bit less binary that that. Money is only a bunch of papers or bits moving around.

The fact that everyone "believe" in a money is that if you don't play nice with the bunch of paper or bits, like not paying your debt, "someone" will make you pay, seize your asset, throw you in prison, or sell you as a slave to your creditor depending on the jurisdiction.

It does not mean that the state should be the only one to have the power to issue or create money, but without rule of law there is no money so to speak. So I believe that "power" and "money" are more closely related that we want to usually acknowledge it.

What is interesting is that with its global reach, Facebook has probably already more power than a small state.

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huis 2554 days ago
Yeah well those people who don't want governments to have control benefit and make use of everything tax has built.

Anarchy is a voice against too much control but as a solution to world problems a very stupid idea.

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