Like you start using bitcoin, you begin to question the nature of money - or the nature of money from the central bank, anyway. If you go further down the rabbit hole, you will discover that the money from the central bank and the formation of government and power are closely linked - you begin to discover the origins of the money, the origins of bank fraud large scale, and the origins of taxation. Perhaps most interestingly, you begin to see the reason that a system which does not allow privacy fail systemically, for people will always carve privacy for themselves.
Very few people I know had a real reason to question the nature of money and banking before they encounter Bitcoin. Conversely, few people who met and discussed bitcoin did raise some questions about the nature of money becomes very embarrassing for the banking system and fractional reserve central currencies. You run into the details as why the Dutch Guilder is the currency in world trade of choice for a great period of historical time - the reason being that the Bank of Amsterdam has trusted not to cheat on his books, trust for not performing a fractional- reserve regime as others would. You run in details like the origins of fractional reserve banking, and was essentially made legal to prevent a systemic collapse that everyone was doing it. You gradually come to see how intertwined the concept of money is - considered an abstraction of value -. With the government's ability to tax the value the same abstract government in a currency
You also run on the origins of taxation in the post-Roman world. How villages have accepted the crown and nobility to rule on disputes about who owned what, but once they give power over the ledger away to that nobility - meaning they surrendered the power to say who owned it - that nobility would also start saying they should have some product differences. Indeed, in the ancient laws of Æthelberht ( "Noble Bert"), we find that the original tax in the UK was cutting all disputes settlement payments. Later English taxation to provide "protection money" for Viking raiders - to pay Danegæld . - Got through a tax on land, again falling back on government control of ledger
We see similar records in France, even if all the pre-1789 taxes were abolished and most of the lost files in the process of the Republic : there are records a land tax known size in the Ancien Regime , imposed to each household depending on its land ownage. - as determined by the general ledger of the Government of ownage land, of course
government control of accounting, dispute resolution, was and is the key to government taxation, at least after Rome. This brings all kinds of just interesting understanding the size of a bitcoin game changer.
This also leads to curiosity about how things worked before Æthelberht and Rome. We find immediate history lessons to apply in modern times :. Part of the reason was that Rome collapsed did not respect and understand the need for privacy, the point of view of taxation
Roman tax was originally founded on workforce, an apartment so-called poll tax. Basically, if you had a head, you paid the tax. But past centuries, productivity has declined - and the increased privileges. According to historian Joseph Tainter, "those who have lived outside the treasure outnumbered those who pay into it." This created a scenario by the 4th century when the Roman farmers abandon their fields to live subsidies instead. all the time, the need to increase tax revenues have increased -. Not least to feed the huge Roman army under Pax Romana
by the 5th century, Emperor Valentinian III declared a turnover tax or a tax on 4% of transactions. seeing how he was systematically ignored, the emperor also decided that no operation can take place at all without a tax collector physically when selling to collect the tax. Thus, the Roman Emperor 444 EC ruled that the privacy of the economy, finance and operations, were second to the need for the government to collect taxes.
This decree perhaps can not be said to have been on straw [quiafaitdéborderlevasesurl'ancienneRomequebeaucoupdechosesontmaltournéenmêmetempsmaislataxesurlestransactionsétaitcertainementl'undespaillesdanslaballe that erupted Rome. People in general have begun to seek protection barbarians instead of maintaining confidentiality of transactions (and, by extension, their money - even a 4% sales tax is not unusual by today's standards) ., and consequently, the system fell
We learn the same lesson from a more recent example with east Germany Stasi a system that tolerates no privacy is a system that will not survive, for people will carve private living spaces at any price because of human nature, and if the government system does not tolerate, it will fail.
delivery ruthless lessons of history is that people will always carve privacy for themselves, and one consequence of this is that any system that does not allow for life private fail because human nature will not allow him to work.
it remains to be seen if the bureaucrats of today will be humble enough to learn this history. Unfortunately, the only thing we seem to learn from history is that we are unable to learn from history.
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