[badinker]

Political action? How has voting worked for you? My hope is as the dollar starts to inflate away (like every other fiat currency that has ever existed) we all instead turn to a block chain currency. Something that can't be manipulated. Something that can't be stolen from us and used to fund three letter agencies.

[vacri]

used to fund three letter agencies.

I mean apart from sanitation, medicine, education, wine, public order, irrigation, roads, the fresh water system and public health, what have the [government] ever done for us?

If you really want no tax, go move to Vanuatu. It's a lovely, sunny place, the people are happy, the army and the police are the same thing and only 800 strong, the government is small, it's off the political radar so draws little interest from TLAs, English is an official language... and there is no income tax (with the exception of landlords), nor are there several other taxes on businesses (as it's a tax haven).

You don't want money 'stolen' from you? Then here is a realistic option available to you, one that is entirely achievable rather than pretending that it's possible to turn a country with a major economy into a tax-free zone, and wringing your hands that it obviously can't be done.

[dmix]

Property tax could be enough to fund most of the essential things you listed and is still enforceable even if a cryptocurrency is a primary currency. While your currency and income might be hidden, you still need to live in a house on land.

ala https://en.wikipedia.org/wiki/Geolibertarianism

Despite the extremely common misinterpretation by the public, ~90% of libertarians are not anarchists who completely oppose taxation. They are "small government" (aka minarchist), not "no government".

[deong]

It doesn't appear that random guys on the internet are having much trouble stealing blockchain-based currency. I'm not sure why you think the NSA couldn't do it too.

[tmzt]

When you store your private keys in a centralized repository, where they can be taken by asking nicely (as in SQL injection), you are either not using a blockchain-based currency, or you are using it badly.

The same is true if you generate a private key with a lower entropy source to simplify encoding (called a brain wallet for some reason.) Yes there a longer passphrases that do have more entropy, but you are still limiting the alphabet and the complexity for dictionary attacks.

[Steko]

How are those hyperinflation calls working out for you?

[dmix]

idk about American inflation, but as a Canadian getting paid in USD, the value of USD has decline significantly since last year. Lowest since 2009:

http://www.xe.com/currencycharts/?from=CAD&to=USD&view=10Y

I got a nearly 10% raise thanks to a strong Canadian economy and weak American one. Keep it up guys.

[Steko]

> the value of USD has decline significantly since last year

According to your chart a year ago 1 CAD got you around 1 USD and today it gets you 0.90 USD. Normally that's not interpreted as a decline in the strength of the dollar.

[seandhi]

Unless I've had a stroke this morning, according to this chart, the value of the USD has strengthened compared to the CAD over the last few years.