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I wish I had the power you accuse me of wielding. I hope and wish that in a few decades from now, we will look back in bewilderment how we allowed nation states
by silentsea90 6y ago
I wish I had the power you accuse me of wielding. I hope and wish that in a few decades from now, we will look back in bewilderment how we allowed nation states to have control over currencies to fund centralized operations at our expense.
BTC doesn't concentrate power, it tilts the balance in favor of a just system where value isn't plundered at a whim.
- anoncake 6y agoYou don't have it (on your own) but you try. > BTC doesn't concentrate power, it tilts the balance in favor of a just system where value isn't plundered at a whim. No, the value is "plundered" by a democratically elected government. You don't like it? Vote against it. Or work to fix your system of government if it's too broken for that. But don't try to make the policies you don't like impossible. And yes, unlike BTC operates on the basis of one-person-one-vote, or somehow prevents concentration of wealth, it does not prevent concentration of power.
- silentsea90 6y agoWhat part of your belief system is violated if the nation state lost power over currencies? Democracy will still prevail in the alternative I am suggesting, it will just be defanged from a certain viewpoint. I suggest reading the history of money. The current system is an aberration. Historically, with gold as the currency/gold standard, nation states couldn't inflate money away.
- anoncake 6y agoIf democracy is defanged, it hasn't prevailed. > I suggest reading the history of money. The current system is an aberration. Historically, with gold as the currency/gold standard, nation states couldn't inflate money away. I'm not a reactionary and I don't think you are either. So how is this an argument? We got rid of the gold standard for good reasons.