<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=UTF-8">
</head>
<body text="#000000" bgcolor="#FFFFFF">
<p><br>
</p>
<div class="moz-cite-prefix">On 9/13/19 12:19 AM, Marcus Daniels
wrote:<br>
</div>
<blockquote type="cite"
cite="mid:9B47CE2A-25DE-424E-9693-3CF2630AE17D@snoutfarm.com">
<meta http-equiv="Content-Type" content="text/html; charset=UTF-8">
<meta name="Generator" content="Microsoft Word 15 (filtered
medium)">
<style><!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:purple;
text-decoration:underline;}
p.msonormal0, li.msonormal0, div.msonormal0
{mso-style-name:msonormal;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
span.EmailStyle18
{mso-style-type:personal-reply;
font-family:"Calibri",sans-serif;
color:windowtext;}
.MsoChpDefault
{mso-style-type:export-only;
font-size:10.0pt;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style>
<div class="WordSection1">
<p class="MsoNormal">One application distributed ledger systems
have for currency is precisely as mechanism to bypass
regulation.<o:p></o:p></p>
<p class="MsoNormal">A common reason for the bypass is crime.
Another reason is as an organizational tool against those in
power who abuse it. It doesn’t take a lot of imagination
these days to see that the distinction can be a matter of
definition.</p>
</div>
</blockquote>
My freedom fighter is your terrorist. Vice Versa.<br>
<p><br>
</p>
<p>I've noodled a bit on how distributed ledger systems might play
in the question of a post-democratic/post-free-market socioeconomy
might look like. <br>
</p>
<p>It seems like such things might address some of the more acute
and obvious problems in our current vision (much less
implementation) of democratic self-governance and free market
exchange of goods and services. A currency that has both
taxation and interest built into it? A tamper-proof, low-friction
method for "the people" to express their will?</p>
<p>This doesn't necessarily address some of the more insidious
meta-problems... just trimming off the more egregious tools for
gaming the economic and the political systems we live amongst.</p>
<p>- Steve<br>
</p>
</body>
</html>