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I grew up in an upper middle class area and a lot of my friends were a sort of radical libertarian. The most interesting thing about cryptocurrencies for me was
by tdb7893 9y ago
I grew up in an upper middle class area and a lot of my friends were a sort of radical libertarian. The most interesting thing about cryptocurrencies for me was them slowly realizing why a basic level of financial regulation is important.
- krapp 9y ago>The most interesting thing about cryptocurrencies for me was them slowly realizing why a basic level of financial regulation is important. Anarcho-capitalism is all fun and games until you discover you're not really a wolf among the sheep.
- DougN7 9y agoFantastic way of putting it!
- fixermark 9y agoIt's been interesting to watch currency libertarians rediscover from first principles the reason so many of the financial systems of the world work the way they do. I find myself sometimes wishing they'd discover it by doing their research instead of orechestrating a sequence of events that lead to a catastrophic value crash, but (a) as long as it's not my money being burned, I don't generally deeply criticize how people spend their time and resources and (b) I bet it's a lot more fun to be in the middle of a scandal than to read dry economics history. ;)