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Sooooo the issue with bitcoin+socialism would be the lack of easily centralized controls by which the party/state can manipulate the currency and that people ar
by AcerbicZero 6y ago
Sooooo the issue with bitcoin+socialism would be the lack of easily centralized controls by which the party/state can manipulate the currency and that people are incapable of doing altruistic good, therefore the party/state must have those controls?
Authoritarians are gross.
- Qworg 6y agoI think you'll find that people (broadly) are capable of altruism, but persons (narrowly) act in their own self interest and take advantage of the altruistic.
- pessimizer 6y agoThis is an person arguing with socialists about why bitcoin is not good for socialism, not a person trying to convince libertarians to not be libertarians. Try to argue with it on its own terms, not whatever your personal issues are.
- sudosysgen 6y agoAbsolutely not. Varoufakis isn't even an authoritarian, he's more the Bernie Sanders type but more open about his worldview. The issue is that Bitcoin is a currency that has both a fixed supply, and is naturally controlled by the very richest people. This leads to a series of incentives and effects of monetary policy that creates conditions where the average person loses out, big time.
- einpoklum 6y ago> The lack of easily centralized controls No, BitCoin has basically _no_ control of the currency. The algorithm is what it is, and the initial "players" who have the most BitCoin are who they are.