RE: Why I'm Negative on Bitcoin

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Why I'm Negative on Bitcoin

in bitcoin •  7 years ago  (edited)

"They[Andreas & Vitalik] are focused on how to change the world – not how to make money."

I love these guys but what we need more than ever are not altruists to appeal to/assuage guilt-ridden consciences. What we need are people with the intelligence and the moral fortitude(the balls) to challenge/remove the basis for the assertion that we should feel guilty when it comes to raising standards of living for ourselves.

We can only raise standards of living by ridding the world of fiat(today's national) currencies. Or by introducing real, free-market money, in such a way that it becomes widely adopted across the world so quickly that the purveyors of fiat cannot leverage their existing hold over the guilt-ridden conscience to continue to prop up their parasitic monetary system.

As soon as real money starts to makes an entrance, it threatens the existing monopoly in money (money was once an industry). When their monopoly is threatened we should expect for them to double-, triple- and quadruple-down on assertions of how dangerous (freed) markets would be i.e. without their paternalistic presence as moral paragons of virtue, justified in threatening force due to the inherent degradation of human beings, who are not able to learn from our mistakes (in who to trade with and who not to).

No surprises who we would be free not to trade with, were we to return to purely voluntary trade and freely choose-able money.

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