Speaking of how government and economies will be completely impacted by Bitcoin reminded me of this video.
I love Tim Draper's view on where Decentralizing money and other things will change the way we even think of government. Making them essentially borderless. It's 45 minutes long, but I would love to require everyone watch this video! :)
Thank you! Cliff notes? ;D
I will put it on my travel playlist.
The Cliff Notes:
Governments mostly offer packages of Insurance
Healthcare, Insurance, Retirement.
(public safetly is separate in this sample)
Imagine being able to select which package you wanted to pay taxes too...
Also, he is a huge Free Market advocate and often gives example of how and why it works while he is talking about something else. Truth be told I love how he thinks and always focused on the big picture.
Thanks, I will still watch it :)
When it comes to insurance, I believe that in time the blockchain will allow us to cut out the massive amount of middlemen cut that takes place.
I agree about cutting out the middle man, but there could be stages on the way.