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EMNE: What do you guys think the political implications

What do you guys think the political implications 16. Jun 2017 09:03 #6118

Watching the rise of bitcoin over the last few years has been very surprising. It's gotten me to question my political philosophy. I'm in political limbo right now as I think this through. Before entering this limbo, I was a fairly liberal democrat.

But if bitcoin succeeds in moving us away from a monetary system based on debt, it's going to completely remake the political landscape. Will it be impossible for governments to continually run deficits? How will this impact how governments ought to spend tax revenues if so? How will this affect how governments will be able to raise revenues? Do we need to totally rethink the role of government in this scenario?




Please Help.
Thanks !

I didn't find the right solution from the internet.
References:

forumserver.twoplustwo.com/41/politics/w...8776a0eab5cfc788494b

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