pull down to refresh

'Whether it's the CFA or Zimbabwe's incompetent government, it's all one big trigger. Then when people like Christine Lagarde shit on bitcoin, I find it outrageous.'
Yes, governments have misused their fiat monopoly power many times. But many Bitcoiners seem to extrapolate that to meaning all governments are bad, always. This is a big leap and a flawed one imo.
Governments do have legitimate roles in our lives and economies- but like us, they are often flawed. The misuse of fiat fiat money by governments is undeniable but it is also much more nuanced than most rabid Libertarians allow or seemingly even understand.
Bitcoin provides a healthy competitive alternative to the states fiat monopoly but it does not remove the importance of government and in particular good government.
It is much easier/lazier to claim that all government is bad than to understand its not that simple.
Without government there cannot be a strong economy and society. Do not believe the Libertarian extremist hype - it is naive simplistic nonsense.