Credit Suisse estimates that there are ~35 million people on earth with a net worth over $1 Million, or millionaires, or for the future, MegaFRNers.
Today, no one knows how many crypto millionaires there are in the world, but based on my 4+ years of intently observing, I would estimate the number of crypto millionaires to be anywhere between 100,000 - 500,000 people. Many, if not most of these millionaires that have gotten rich on cryptocurrency, are very against illegitimate intervention into the markets, including all statism and governmental power.
The price of Bitcoin, as of this writing, is $4,320.
In 5 or so years, if cryptocurrency does what I think it'll do, the number of "millionaires" due to cryptocurrency will rise to the millions or tens of millions of people.
In 10 years, imagine if crypto replaces most of online financial services, most of banking services. The crypto "millionaires" would have the majority in the worldwide "millionaire club". People who would prefer to abolish the state, rather than take advantage of the crimes it has to offer, would wield a vastly increased influence on the power structure of the world.
I think a massive power shift is happening, and the power structure of the past is in many ways incapable of recognizing it, and certainly too incompetent to stop it.
Never thought of this till I saw your Facebook post. I agree. Quite exciting times we live in!
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You make some interesting points.
But what do you envision the future to look like when the state has been "abolished" (abolition means to put an end to something by law) ?
I'm an anarchist/ communalist and I have a clear vision of a stateless society.
A lot of crypto enthusiasts are anarcho-capitalists, and they love to smear the state, which is great, but they provide no answers at all as to how you would govern society.
Voluntary contracts between free agents is a laughable idea, it is a model for business contracts,it's not how you create infrastructure for example.
So, do you have a vision?
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