Cryptocurrencies, a Modern Check Against Authoritarianism

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Mark Mason

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Cryptocurrencies, a Modern Check Against Authoritarianism

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My thesis: The advent of the internet, and by extension cryptocurrencies, represent the greatest expansion of individual empowerment in history, and by shifting the power dynamics dramatically towards the common man, our progeny stand to inherit a world of unprecedented peace. And as such, prior instruments that sought to redistribute power may be able to be deprecated. One obvious example being the necessity of retaining an armed population.

The author writes this shortly after yet another American school shooting. Even though the US is statistically undergoing a period of significant reduction in violent crime, the general population has become less tolerant of the liberal availability and lethality of guns accessible to most Americans. Historically, this uniquely American freedom was granted in order to empower the populous to serve as a physical check to potential authoritarian oppression. But with this freedom comes a trade-off: increased incidence and intensity of violence, with the ability of loose cannons (pun intended) to be particularly casually destructive.


Read more: https://www.dashforcenews.com/cryptocurrencies-modern-check-authoritarianism/
 
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