Quote Originally Posted by Stephen View Post
So, I thought there was this great alternative to fiat FRN. One that no government could manipulate the supply of, and so one that cannot be diluted, and devalued, by Modern Monetary Theory. But now I see that to use it is to be subject to government surveillance, and taxation.

A very large percentage of merchants accept BitCoin as payment. This number is expanding. I foresee the day when there will be a rising number merchants who accept only BitCoin, or other crypto, until finally any who accept fiat currency will be hard to find. At that point the fiat currencies will fail, and along with that failure, so would fail any anti-tax movement based on Lawful Money.
It is a contender as currency, however, government is not about to let its subjects escape their "inland revenue".
Government will find a way to assert itself in the crypto space.
Corporations are creatures of government and banks are instrumentalities of government. They will be brought to heel by government whichever way government wants them to go.