Crypto-currencies not being backed by anything physical solves the problem of seizure. Bitcoin's design may have taken that into account, due to the timing of the Liberty Dollar raid and seizure being just a few years before.

Yeah, so with that threat of force are people dumb to avoid alternatives to the dollar? Maybe the incentives still don't add up well enough for regular people to seek alternatives to the dollar.

It is a hard problem.

The dollar currency problem is destroying the viability of most "middle class" American families, but switching to an alternative is nearly impossible for most people to consider.

#economics #dollar #crypto #cypherpunk #gold #liberty