Bitcoin Forum

I like the idea to be free from control of governments. In the other hand, I understand that some of these control are aimed to protect small individuals from the power of big pools of abusers. I wonder how that problem (protect individuals from actions of organized and stablished power) could be addressed from the open community perspective.

Maybe you want to be more specific and mention some examples in the context of bitcoin. I don't think you can get any answers to such a broad topic without specific references

I mean: if a government backs a money system, it can take some politic moves to safeguard it and its users. For good and bad, government is somewhat free to regulate its distribution throug many mechanism: generating more or less, charging with taxes some transactions, etc. Some of these moves have not much consensus, like creating too much bills, which may generate inflation, but some others tends to protect small player from the power of the big ones, like taxes for the most riches, etc.

In other words: unregulated systems has tended to be in hands of speculators and abusers (like the financial system).
So, how will we protect ourselves against it?
An answer could be that the "wiki-power" could do it, as in wikipedia and other experiences. But I'm not fully convinced yet. I would like to hear serious arguments from both sides.

The problem is there is no backing of a monetary system, it is only about trust. If it go really bad, no one help you as there is no backing of monetary system, you will have just useless papers.

Well, that's what I'm worried about. Who protects us from concentrated power in few hands?
It also brings us somewhat to a previous age, so as there is no police involved, I'm seeing many cases of people doing the police job and also trying to replace a Justice system. It's interesting because sometimes a community may be better than the police, but sometimes it also may commit abuses.