reply on: Our Economy Has Never Needed an "Elastic" Currency \ stacker news ~econ

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0 sats \ 25 replies \ @CliffBadger 27 Sep \ parent \ on: Our Economy Has Never Needed an "Elastic" Currency econ

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0 sats \ 24 replies \ @Solomonsatoshi 27 Sep

You would not survive and you know it or you would go somewhere there is no effective government and be in your nirvana...and then have to deal with the brutal reality of your ignorance.

There is no such thing as a 'free market' outside of the security and property rights that governments can provide...only brutal law of the jungle might is right gangsterism.

For Gods sake read Adam Smith and learn the basics of moral and economic principles.

0 sats \ 23 replies \ @CliffBadger 27 Sep

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0 sats \ 22 replies \ @Solomonsatoshi 27 Sep

Bitcoin does not and cannot provision rule of law and security. Rule and law and security are the basis of a strong economy. Without them capital dare not invest. Bitcoin cannot provision defense against hostile external forces- only a government has the mandate and motive to do that. People are weak as individuals- this is why they form groups- tribes, villages, cities states and nations- because these grouping enable the maximal conditions for enterprise and development. Please go and live in a lawless place with no government- but you will not because you are not insane or suicidal- are you?

0 sats \ 21 replies \ @CliffBadger 27 Sep

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0 sats \ 20 replies \ @Solomonsatoshi 27 Sep

SoV/MoE is not law and order let alone national security. Bitcoin is a monetary system but nothing more. Just like gold is not a government Bitcoin is not either.

You are insane of you think it is.

Why don't you go live somewhere there is no government if you hate government so much?

Because your a delusional hypocrit and so you prefer to remain sheltering under the protection and extraordinary privilege of the US global military industrial combine and global fiat hegemony.