Bitcoin vs. "The State"

[NicG13]

Hi, Everyone.

I'm becoming increasingly preoccupied and fascinated by the transformational effects of cryptocurrencies.

One area, in particular, is interesting in my opinion.

And that is the impact of BTC and other cryptocurrencies on national sovereignty as well as our own sense of national identity.

The nation-state in its current incarnation is still a relatively young form of socio-economic and political organization.

It originated in France with Cardinal Richelieu in the 17th century, who also coined the term "raison d'état" or national interest, and it then very quickly spread out to engulf the whole world.

But the nation-state is still just a toddler when compared with the grandfather of human organization - the empire.

And an early-stage embryo when compared with humanity's communal way of life which dominated for tens if not hundreds of thousands of years.

I would like to open this issue up for discussing and I am keen to get everyone's views.

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[CryptoBry]

The history of empire in different parts of the world has had been fascinating but on the other side of the coin the empire had been an agent of destruction in terms of identity, culture and economy. This is why it had been rejected later on when nations opted to regain back their own sovereignty and power to craft their own destiny and choices of governance. It is indeed interesting how a country can be reacting to cryptocurrency represented by Bitcoin because this innovation can certainly affect sovereignty and control. This kind of dynamism affecting the state and Bitcoin will go on for a long time since Bitcoin is really designed as a great disruptor of what can be considered as the approved 'normal' or traditional.

[ehrz22]

In our country bitcoin was already hit the main stream media and the governments already made a statement about it, but still as of now our governments still don't have time to tackle issues about bitcoin and other digital currencies as they are still busy with improving the problems of our country.