“I think the fact that within the bitcoin universe an algorithm replaces the functions of [the government] … is actually pretty cool. I am a big fan of Bitcoin”
– Al Gore, 45th Vice President of the United States
Imagine a society, 40 years in the future, where blockchain has met its promises. We have a networked, cloud computer. People can maintain title to their homes, prove taxes are paid, and send transactions peer to peer. There is no bank involved in payments. Money moves around the globe effortlessly.
Now take it one step further. People are able to form communities based on interests, or based on culture. It does not matter where they live. People earn money but that money can be hidden from central government. Central governments collapse, or at least drastically shrink. Government functions are picked up by local groups and coordinated with decentralized organizations. Governments have left and with them, the burden and aggressiveness they have brought.
This, is an anarchist’s dream.