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I also don’t understand Stross’ blanket characterization of bitcoin as only being useful to libertatians. I would think the citizens of a proper socialist gover
by mcculley 9y ago
I also don’t understand Stross’ blanket characterization of bitcoin as only being useful to libertatians. I would think the citizens of a proper socialist government would also want to use money that can’t be devalued. It would make very clear what is being spent by the government versus national bank systems which can achieve things by just devaluing currency.
- rothbardrand 9y agoExactly, its' hugely popular in Venezuela and Zimbabwe and other places where government messes with peoples' money. But then, remember, Charles thinks that pepe is a nazi symbol! He's not exactly among the rational.