Decentralization & Self Ownership Day - Jeff Berwick at the Pillar Project Unconference

in crypto •  6 years ago 


Jeff Berwick speaks at the Pillar Project Unconference in Vilnius, Latvia. Topics include: crypto is way bigger than most people imagine, the early days of the internet is like crypto now, bitcoin threatens the entire monetary system but that is just the start, getting started in crypto, infinite opportunities, privacy, EOS and it's massive development community, now is a good time to get into crypto, still years before mainstream adoption!

More about the Pillar Project here: https://pillarproject.io

Original conference video here:

Anarchapulco February 14-17, 2019, Acapulco, Mexico
Anarchapulco 2019 tickets now available at: http://anarchapulco.com

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It sure is going to change the financial world in the future, cheers mike

SOO, I REALY

  ·  6 years ago (edited)

I'm myself an Anarcho-capitalist, but I have one doubt:

What if at least one of private defence agencies (for example - agency A) - which are an essential element of the Anarcho-capitalist concept - after aquiring right amount customers - by strictly voluntary/free market actions (by serving better services for lower cost) - would:

  • order its customers to pay more - under serious phisical penalty;
  • forbid them to use the help of other agencies - under serious phisical penalty;

Those actions will probably result in:

  • the deterrence of other customers
  • resistance from (enslaved) already "owned" customers
  • hostility from other security agencies - which will not normally be able to compete for (enslaved) clients of the "A" agency.

But what if ... the "A" agency will be able to overcome all of the above obstacles?

I'm somewhat of a late adopter for crypto. In fact, coming from a more traditional financial route historically (think forex, futures, options etc), I have been a natural skeptic of crypto. Perhaps not necessarily the actual concept itself, but moreso the hysteria I saw around it reminded me of the dot com bubble, the GFC, and if you're familiar with it, the tulip bubble in Holland.

That said, I believe the traditional banking system i.e reserve fractional banking is abhorrent. In fact it is one of the few ideas I can think of that is like a government-backed scam to the masses. Perhaps the only concept in history that has allowed institutions to get away with fraud on such a grand basis.

It's good to get an overview of the potential future of crypto in this.

Im just getting into cryptocurrency and this thing feels so HUGE that i barely can fathom it.
Can't wait for new uses for it :P

Yes it's a wast subject but on the surface it's actually quite simple,if you can set up and run a PayPal
account then you sure can use crypto as well.i have some how to buy Bitcoin the easy way guides on my channel,and on steemit there is a countless amount of tutorials on crypto for beginners.i recommend you start with $5 dollars of BTC and make 2 Paper wallet's and practice sending it to your self

It is giant mate. best part it's still early days

Wow man... i like your work, its beatifull, greetings from Venezuela my friend.

Nice bro. visit also my profile @fariskhan

  ·  6 years ago Reveal Comment

Fantastic post friend