“When the state finds itself unable to meet its committed expenditure by raising tax revenues, it will resort to other, more desperate measures. Among them is printing money. […]
As we explore later, inflation as revenue option will be largely foreclosed by the emergence of cybermoney. New technologies will allow the holders of wealth to bypass the national monopolies that have issued and regulated money in the modern period. […]
Individual will be able to use cyber currency and thus declare their monetary independence.”
Cyber currency aka Bitcoin that was ~10 years before genesis block
