Money Will Be Digital — But Will It Be Free?Andreas M. Antonopoulos Jul 1
The future will not be a choice between paper money and cryptocurrency. It will be a choice between two competing visions of digital money: one free, one authoritarian.
I saw the mom and her two little kids camped out in the shopping center parking lot. She held a sign asking for help to feed them. I bought some oranges and bananas for them.
Imagine if someone from the government had swooped in to explain that my bag of fruit was hardly sufficient to feed the struggling family. What if the government then passed a law saying that if anybody decided to donate food (or cash) to people begging on the street or in a parking lot, the contribution had to be worth at least $15? Anybody caught giving, say, a $1 bill or a small bag of fruit would be fined heavily. Does that sound like "pro-homeless" legislation?
Try a different example: there are civic and church groups who will pick a weekend to go to a specific elderly widow's house and help her put on a fresh coat of paint, clean up the yard, restock the pantry, and so on. Such one-off bursts of assistance obviously can't fill the void for someone without an extended family or a generous pension. Shouldn't the government pass legislation insisting that if you are going to donate time and goods to an elderly widow, you must do so in a way that allows her to live comfortably? Isn't that a great "pro-widow" method for raising the living standards of the target demographic?
Or consider families who adopt children from war-torn regions. These actions, though seemingly noble, are clearly a drop in the bucket, with hundreds of thousands of orphans left behind. What if the government passed a law saying that US families were only allowed to adopt foreign children if they did so at least 15 kids at a time? Would activists agree that such a "pro-adoption" measure would increase the number of adoptions and be an unmitigated boon for foreign orphans?
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