Libertocracy1.gif (2508 bytes)


Home
Government
Courts
Security
Culture
Society
Economy
Education
Index
Table of Issues 

 

 
       
Exact Match

 

Email.gif (565 bytes)
E-Mail

 

Join the Libertocracy Association

Feedback

Contact

Discussion

Newsletter

 

 

30 - 60% OFF SALE at eJeweler.net

 

Frames page

 

Gregory Flanagan Director, Libertocracy Association

 

Magellan's Travel Supplies

 

 

 

Click her for your favorite eBay items  

 

Software
SuperMall.com

Cryptic Money

If money is the root of all evil it's only because it comes from the state.
The state is only able to maintain its grip on people's lives by taxing their earnings represented by notes issued by the state, the notes serve the purpose of identifying the values of every exchange made so it can be taxed. The way to destroy the line of revenue going to the state is to totally change the concept of money from identifiable political notes into something that cannot be easily publicly identified or traced, something that is intangible, but is backed by something of tangible value, and is traded anonymously yet allows the individuals taking part in transactions to buy anything. To change money into an idea, a concept that exists only between the individuals making a transaction yet can be passed on to other individuals in a completely anonymous and secure system; that is the ideal of anonymous cyber currency. Encrypted codes that can be transferred to other parties yet allow the transferers to remain anonymous using secure encryption.
   If two people trade goods and services with each other they may be able to keep track of the value of what they have traded in their own minds, i.e.; A mows B's lawn which is worth 20 points while B runs an errand for A which is worth five points, therefore A has an excess of 15 points to purchase something from B. If it were possible for everyone in an extensive network to keep track of the points they accrue between each other, keep it all secret and everyone can be counted on to be honest and keep it all private, then they would have a system of trade using points as their currency which is private and trustworthy. Anonymous encrypted cyber currency is the same idea.
   If the state tries to tax the goods or services received, the transactions can be kept private and cannot be identified and therefore cannot be taxed, meaning that, transactions can and ought to be kept strictly private between the provider and customer, if the state doesn't know people have traded a good or service, then they can't very well tax it. Even identifiable products can be kept strictly private, for example; computer programs, applications, pictures, video, music, and e-books and online services can be encrypted and transferred anonymously, with the provider receiving anonymous cyber currency in return. Servers located in data havens may be the source for business opportunities where all of these electronic goods and services may be stored and traded around the world with individuals from all over the world finding opportunities to go into business in a secure and private arrangement that allows them to work and do business with people anywhere and receive encrypted money in return which may be put in totally secure cyber banks outside of the state's reach and which can be traded with anyone, anywhere in the world, all done anonymously. Through encryption, a person sitting in the United States may use one's connection to the Web to work on developing a business on the secure server, sell products to people all over the world, receive encrypted money, anonymously put it in a cyber bank outside of the U.S., buy goods and services from others in the same manner and get rich all without the IRS being able to even identify the person, the business or what is being traded, much less tax it.
                                                                                         by Gregory Flanagan

Copyright © 2000 (5000) The Libertocracy© Association and Gregory Flanagan. All rights reserved.


Quotes

"Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values." - Ayn Rand; Atlas Shrugged: p. 385

"When you accept money in payment for your effort, you do so only on the conviction that that you will exchange it for the product of the effort of others. It is not the moochers or the looters who give value to money...Wealth is the product of a man's capacity to think...Money is made--before it can be looted or mooched-- made by the effort of every honest man,... money rests on the axiom that every man is the owner of his mind and his effort. Money allows no power to prescribe the value of your effort except the voluntary choice of the man who is willing to trade you his effort in return...Money is your means of survival... then you will see the rise of men of the double standard--the men who live by force, yet count on those who live by trade to create the value of their looted money--the men who are the hitchhikers of virtue. In a moral society these are the criminals, and the statutes are written to protect you against them. But when a society establishes criminals-by-right and looters-by-law--men who use force to seize the wealth of disarmed victims--then money becomes its creators' avenger. Such looters believe it safe to rob defenseless men, once they passed a law to disarm them. But their loot becomes the magnet for other looters, who get it from them as they got it... when you see that in order to produce, you need to obtain permission from men who produce nothing--when you see that money is flowing to those who deal, not in goods, but in favors--when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you--when you see corruption being rewarded and honesty becoming a self-sacrifice--you may know that your society is doomed." - Ayn Rand; Atlas Shrugged: p. 382-387


Human Liberation Alliance

FSUTO

Librademia

Poliveria

Valenturia

Liberation Journal

18545_1.gif (2176 bytes)


Introduction to Libertocracy

Principles of Libertocracy

How to a Build a Better Civilization

Free Enterprise Government without Taxes

 

giftbaskets.gif (2167 bytes)

 

lfb120.gif (2797 bytes)

 

 

Gadgets & Gifts!!

 

 

amzn-fcd.gif (2781 bytes)