This is one reason Taxing appropriately is so very important to long term stability. Progressive taxation has broken down in the U.S. for purely political reasons. "Most hyperinflations are the result of a breakdown in the tax system." --- L.Randall Wray The U.S. is still long ways off from hyperinflation, but "predictions are hard, especially about the future."
I just love how everyone who can at least see there is a problem with the current system continues to want to use a system that the government can manipulate at will. Imagine being a slave and fighting for a different slave owner instead of real freedom.
I doubt you'd be happy with a government that doesn't have control of the money it supplies to its own "system".
Lighten up, bro. I was only kidding. That said, I'm a big believer of Blockchain technology (I've said this many times in the past). What I'm against is the rampant speculation and especially the specious arguments in support of Bitcoin's price projection. Nobody knows for sure where Bitcoin will be in the future, and yet they talk (and so damn arrogantly) as if it has already reached $1M or higher (I even read $5M the other day). It bears repeating that throughout my entire trading career, I've NEVER seen more pompous and greedy folks (literally, in-your-face) than those who invest in BTC. You're about the only exception, might I add. At least for you, Bitcoin ain't all about money.