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RE: Cryptocurrencies Are Blowing Central Banks Out Of The Water - with Jeff Berwick
You're forgetting how we get internet. AT&T & Verizon? Not much competition there. I've even heard them talk about how they split up territory. Either way you'll risk something.
No I Haven't forgotten how we get the intermet.
Basically most arguments against decentralization and a stateless society are the fear that we would end up with something exactly like a state.
I don't know of anyone who thinks risk would leave the equation without the force of government's monopoly.
I'm just considering accountability. Private industries don't have to be accountable to anyone because the response has always been find a different company. My main concern is that, monopolies and who pays for what. I'm all for decentralization if it cuts down on what the government chooses to involve itself in unnecessarily. But where is the line where it goes too far?