3 ms·
I think a lot of people that like big government, people that tend to call themselves liberals, these people generally don't like (or even hate) crypto. Maybe
by wsc981 5y ago
I think a lot of people that like big government, people that tend to call themselves liberals, these people generally don't like (or even hate) crypto.
Maybe these people feel this way because they feel the government needs to protect people against themselves. Or maybe because they somehow fear central banks losing power and they feel central banks are needed in a monetary system. Or maybe they are concerned with the energy use for mining some crypto currencies (mainly Bitcoin).
On the other hand there's the libertarians that want as little government as possible. Libertarians tend to feel that people should be free to make their own choices as long as it doesn't harm other people. And that it's ok to make mistakes and learn from them and government doesn't need to protect people from mistakes.
I believe the tech sector has plenty of people on either side.
I myself am on the libertarian side and think crypto is a force of good. I do wonder if this crypto crackdown in China could somehow be related to the situation with Evergrande.
- bobthechef 5y ago"The road from libertarianism" [0] [0] https://edwardfeser.blogspot.com/2012/08/the-road-from-libertarianism.html https://edwardfeser.blogspot.com/2012/08/the-road-from-liber...