1
Basic Questions about Cryptos / Re: Antonopoulos- we should separate money from the state
« on: Today at 07:06:38 PM »In Brazil, churches do not pay any Taxes at allIn the part about censorship resistance, he drops this gem:QuoteMaybe in a few years, we will come to the conclusion that we should separate money from the state for the same reason we separated the church from the state
I don't know how it is in other countries, but here in the EU, many countries have contracts with the Vatican that guarantee that the states pay the church every year sums of money that are not insignificant. I think that the Catholic Church in my country receives somewhere around EUR 40 million from the state budget every year.
Quote
No matter that the idea seems interesting, I wonder who would control the finances in that case - because if there is no central bank and other regulatory institutions, what would the financial system of a country look like?
Bitcoin.
There are some countries which uses usd directly. Panama, Ecuador.. so, it can workout without a central printing.