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Gregory Flanagan Director, Libertocracy
Association
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 |
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