/biz/ - Business & Finance

>>29581632
Consider reading:

We are entering a new era of human civilization
Its time for the boomers to release their clutches

Its our time now

The state has grown used to treating its taxpayers as a farmer treats his cows, keeping them in a field to be milked. Soon, the cows will have wings.

Like an angry farmer, the state will no doubt take desperate measures at first to tether and hobble its escaping herd. It will employ covert and even violent means to restrict access to liberating technologies. Such expedients will work only temporarily, if at all. The twentieth century nation state, with all its presentions, will starve to death as its tax revenue declines.

When the state finds itself unable to meet its committed expenditure by raising tax revenues, it will resort to other, more desperate measures. Among them is printing money. Governments have grown used to enjoying a monopoly over currency that they could depreciate at will. This arbitrary inflation has been a prominent feature of the monetary policy of all twentieth century states.

The state will continue to control the industrial-era printing presses, but their importance for controlling the world's wealth will be transcended by mathematical algorithms that have no physical existence. In the new millennium, cybermoney controlled by private markets will supersede fiat money issues by governments. Only the poor will be victims of inflation.

Just finished this and I think most of you would like it. It was published in 1999 and predicts most of the crap we deal with today and makes good points about how the adoption of crypto will eventually render the central bureaucracy completely impotent

Replace the book with pic related.