How Bitcoin solves it:
- You earn your money through work, your pay your money to those who you feel provide you a good service.
How governments solve it:
- Take your money, give it to someone they feel should do it.
If you live in a country where the government gives it to people who do a good job, let me know where you live.
I know of two results of where it ends up
- lowest bidder
- cousin/frens
It falls increasingly to prison labor where I'm from. Probably comparable to ASICs in that they're mostly unpaid/unthanked
Most people where I'm from say that the military/law
enforcement do a good job where I live though. However, their funding is mostly through black budgets so it's not transparent or verifiable whatsoever. Luckily a smart guy came up
with a system that could change the world in that regard
