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0 sats \ 6 replies \ @Solomonsatoshi 8h \ parent \ on: Our Economy Has Never Needed an "Elastic" Currency econ
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.
It's not about whether I personally survive or not. My point is that the government shouldn't be in charge of deciding who survives. Bitcoin is a perfectly efficient method of determining who deserves the most money. Otherwise we might as well dump all our Bitcoin and all other assets into a pot and let the Party decide who gets to have how much back while they take a cut for doing the work of reallocating it. You and everyone else only pay taxes when there's a gun to your head because deep down it's not what you want. Taxation is the epitome of "might is right" logic. Literally everything the government does is accomplished through violence or deception.
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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?
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Bitcoin does not and cannot provision rule of law and security.
Of course it does. I can buy guns with it, I can pay rent with it, and by design it can't be stolen from me if I'm willing to die with it.
Please go and live in a lawless place with no government- but you will not because you are not insane or suicidal- are you?
I'd like to think so. Is this considered an insult in your culture?
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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.
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Why don't you go live somewhere there is no government if you hate government so much?
Because I want to bring the Heavenly Peace to earth, obviously. Such a place doesn't exist yet. It's my responsibility to remain here and liberate my homeland from its government.
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How can you have a homeland without a government?
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