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Title: 2013-10-23 BusinessDay: The Bitcoin revolution could change government Post by: Arvicco on October 23, 2013, 04:42:58 AM http://www.bdlive.co.za/opinion/columnists/2013/10/23/the-bitcoin-revolution-could-change-government
Title: Re: 2013-10-23 BusinessDay: The Bitcoin revolution could change government Post by: aigeezer on October 23, 2013, 12:33:45 PM Lots of familiar stuff. Haunting summation though, particularly coming from a source in South Africa:
"All governments, including ours, and especially the US’s, use the 9/11 terrorist attacks in 2001 as an excuse for reversing gains in human liberty achieved over many decades of struggle. In the name of fighting terrorism and other "organised crime", jurisdictions, banks and companies that used to respect privacy must now reveal all. Under what the Constitutional Court called "draconian" powers, anyone’s assets can be seized by unbridled bureaucrats. Bitcoin enables ordinary people to fight back, to avoid and evade snooping governments, which enact, use and abuse laws that allow them, without due process, to investigate, tax, control and seize privately owned assets. The problem is that it also shields common criminals." |