> Crypto could become the "people's" wealth vault, and undercut nations ability to tax & control markets by truly privatizing wealth. All it takes is MOST of us to decide.

You say that like its an admirable goal we should strive for. Taxes built the roads and bridges you drive on, the crystal-clean water that flows from your tap, the lines that your internet runs over, and the (admittedly glacial) bureaucracy that prevents your city, municipality, province and country from descending into unorganised chaos.

Roads, bridges and schools were built before national governments began passively levying taxes on income. this is a 100 year old concept.

Taxes on capital gains are a 70 year old concept.

Just recognize the amorality of it. It can only be billed as a "duty" for "roads and schools" when pandering to the lower classes who have no choice in the matter, while recognizing those classes have the numbers to get you in office. But "taxes" are not an absolute on the concept of how a government can fund itself. Governments have to balance the consequences of how they attempt to raise revenues, by being competitive amongst other countries, as their ecosystems primarily rely on attracting or incentivizing investment.

Just because tax enable those things in the United States right now does not imply that is the only way they could be provided

I am illustrating use cases, not advocating.

The minute you realize the use case around privatization of global wealth you can begin to underwrite its probability.

Because the crypto platform provides the OPTION for that to happen at scale.

And crypto gives people globally the opportunity to make the decision and vote with their personal wealth (and mining power).

Your currency use cases sound fine to me. The wealth ones however look dangerous to me.

>Crypto could be the biggest store of value. The beautiful math behind bitcoin (and others) is self-limiting creating real scarcity. With mass adoption will come stability.

Currencies should never be used to store value. No one should hold large amounts of wealth in Euros or Dollars and almost no one does. You hold wealth in actual productive assets like land, stocks, bonds, etc. That we price these in Euros or Dollars is irrelevant and we can price them in Bitcoin just as well. Nothing the central banks that control fiat currencies do changes the underlying worth of these assets even if they can generate temporary valuation swings.

>Crypto could become the "people's" wealth vault, and undercut nations ability to tax & control markets by truly privatizing wealth. All it takes is MOST of us to decide.

This to me sounds even riskier. People shouldn't be going out and buying bitcoin to do any of this when there are plentiful cheap instruments out there to actually invest in assets. Go buy ETFs of broadly diversified asset classes (stocks and bonds would suffice but real estate ones also exist) and leave the innovation in crypto currencies to sort itself out.