Ole Andre Knutli
Sep 4, 2018 · 1 min read

Thanks for your insights Professor.

I’ve never thought about it this way, but the reduction in compliance and taxation cost would be great for governments. And I think such a benefit is needed for Bitcoin if it is to succeed as a global (and national) currency. I mean, sound money would have such a massive impact on governments, forcing austerity and compliance, instead of just issuing bonds and enslaving the public in more government debt.

But still, do you think that we could ever transition (crash) to a new monetary system replacing the dollar without going through a substantial war?

    Ole Andre Knutli

    Written by

    Founder Bitruption.com