Cryptocurrency will cripple governmental ability to collect taxes, and they won’t see it coming. When it’s already happened, expect major changes to take place in how society is organized on a large scale – but also expect governments to act in desperation to retain control. (…)
The deployment of cryptocurrency is to tax collection what deployment of end-to-end encryption is to mass surveillance.
Rick Falkvinge: How cryptocurrency will cripple today’s governments – and they won’t see it coming »