108 sats \ 1 reply \ @Voldemort OP 12 Mar \ parent \ on: My questions for libertarians libertarian
I agree with pretty much everything you said.
The initial questions are more about image and social reputation. I think you do give up some social capital identifying as a libertarian these days. I don't think that was the case when I was an undergrad.
This is how I should have worded question 1. To me, "worth the risk" means survivability. This implications being the expected value of eliminating the government is exceptionally low, even if the worst case scenario has low probability.
If bitcoin is the digital gold - why would expectations under bitcoin be meaningfully different than life/society under the gold standard? That's a head scratcher.
That's a head scratcher.
It was one of the biggest head-scratchers for me for a long time. You can find some modest and realistic explanation in Lyn Alden's book about how btc corrects the gap that had grown up between the speed of transaction and the speed of settlement (we talk about it in the book club someplace) and that will, I believe, be a real change, though what it will mean in practice is hard to say. Certainly we did not live in a utopia when money was sound and settlement and transaction were equally slow.
Mostly, though, I think it's utopian thinking, which is pretty easy to spot and useful to examine critically.
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