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RE: Money & Banking as Theft

in #freedom7 years ago

Taxation was never intended to benefit anyone except for the landowners on whose lands the originally-taxed peasants lived. These days its the corporations and the government officials who are representing said corporations while maybe, and that's a big maybe, putting some of the taxed funds aside for projects on their land or adjacent to their land (which also, of course benefit their corporations).

The worst thing about taxes isn't the fact that you got to pay them or that a portion goes to pave the street and all that but the fact that they're used to grant contracts to a piece of shit minority. It's the same in every country everywhere. I'd like to see an open and distributed services participation process, if what I'm saying makes sense to you here. Don't think we'll see it anytime in any lifetime as money and power instantly corrupt.

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I believe smart contracts may provide an elegant solution. I can envision a community pooling resources voluntarily for infrastructure and spelling out the stipulations of the contract. Only when the stipulations in the contract are met the funds are released.

Should governments, maybe at the local level, turn to smart contracts and blockchain technology it'll make a difference in where the money goes and how its used. Could eliminate a lot of embezzlement, misappropriation and waste.

I think so....since the terms of the contract must be fulfilled until funds are released. I thought many years ago that all governments could be replaced with AI type voting mechanisms. Smart contracts look to be an elegant solution.