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If you want to really understand the true crypto believers (the earlier crowd, not the speculators) you must read Atlas Shrugged. In it, the heroes form their

If you want to really understand the true crypto believers (the earlier crowd, not the speculators) you must read Atlas Shrugged. In it, the heroes form their own society away from an (in their eyes) overreaching government, built on free exchange. In it they have a special bank vault that can never be looted, keeping their wealth safe, even in the event of the community being invaded. If it is forced open, the contents are destroyed. This is what Bitcoin (and crypto) can be to these people.

pharmakom 5y ago
Further background is The Sovereign Individual, which has some ugly white supremisist overtones, but also discusses crypto and a return to city states.
- ericmay 5y ago
  Could you quote or explain some of the things that you found to be overtones of white supremacy?
dragonelite 5y ago
Sounds like a dystopian shithole, capitalism has never really worked without state intervention, bailing out the capitalist/bankers asses or suppressing worker protests. Capitalism without minimal government control is nothing more then neo feudalism. Maybe that is what they want, the early crypto adopters have the biggest bags of all sorts of coins it protects them from the harsh living conditions such a neo feudal society will produce.
- pharmakom 5y ago
  They would disagree that free markets lead to neo feudalism. A bit like socialists, they would claim their system has never really been tried. And in there defence, modern western economies have huge state involvement (including cronyism) so cannot be used as examples of a free market society.
nivertech 5y ago
Not that dissimilar to what some earlier colonialist charters did, and even countries like Canada are still doing today (with their point-based immigration system). Also similar to some modern micronation[1] enthusiasts, but they aren't as successful. The very earliest Zionists (Chaim Weizmann[2]) didn't wanted to build a Jewish state, they wanted an ideal/Utopian society with the elite people speaking perfect German. They acquired the charter from the British and were very picky about whom they allowed to immigrate. I.e. they planned to hand pick only up to tens of thousands candidates per year. Eventually they were pushed away by more pragmatic non-colonialist Zionists, who wanted to build (or restore/revive[3]) a normal Jewish nation-state, not the Utopian society. Something similar but on much larger scale happened in Rhodesia[4] (modern Zimbabwe). There are probably other examples of picky charter states that I missed. I remember years ago there were plans to found Crypto states in Central America / Caribbean region (Nicaragua, Puerto Rico). It's relatively easy to bribe the politicians there and get some of the country regions as a concession/charter/"Free Economic Zone". -- [1] https://en.wikipedia.org/wiki/Micronation https://en.wikipedia.org/wiki/Micronation [2] https://www.britannica.com/biography/Chaim-Weizmann https://www.britannica.com/biography/Chaim-Weizmann [3] there were plans to build a new Jewish states in Uganda or Madagascar, but the only place to restore/revive Jewish statehood was in the Land of Israel/Palestina. [4] https://en.wikipedia.org/wiki/Rhodesia https://en.wikipedia.org/wiki/Rhodesia

pharmakom 5y ago

Further background is The Sovereign Individual, which has some ugly white supremisist overtones, but also discusses crypto and a return to city states.

ericmay 5y ago
Could you quote or explain some of the things that you found to be overtones of white supremacy?

dragonelite 5y ago

Sounds like a dystopian shithole, capitalism has never really worked without state intervention, bailing out the capitalist/bankers asses or suppressing worker protests. Capitalism without minimal government control is nothing more then neo feudalism. Maybe that is what they want, the early crypto adopters have the biggest bags of all sorts of coins it protects them from the harsh living conditions such a neo feudal society will produce.

pharmakom 5y ago
They would disagree that free markets lead to neo feudalism. A bit like socialists, they would claim their system has never really been tried. And in there defence, modern western economies have huge state involvement (including cronyism) so cannot be used as examples of a free market society.

nivertech 5y ago

Not that dissimilar to what some earlier colonialist charters did, and even countries like Canada are still doing today (with their point-based immigration system). Also similar to some modern micronation[1] enthusiasts, but they aren't as successful. The very earliest Zionists (Chaim Weizmann[2]) didn't wanted to build a Jewish state, they wanted an ideal/Utopian society with the elite people speaking perfect German. They acquired the charter from the British and were very picky about whom they allowed to immigrate. I.e. they planned to hand pick only up to tens of thousands candidates per year. Eventually they were pushed away by more pragmatic non-colonialist Zionists, who wanted to build (or restore/revive[3]) a normal Jewish nation-state, not the Utopian society. Something similar but on much larger scale happened in Rhodesia[4] (modern Zimbabwe). There are probably other examples of picky charter states that I missed. I remember years ago there were plans to found Crypto states in Central America / Caribbean region (Nicaragua, Puerto Rico). It's relatively easy to bribe the politicians there and get some of the country regions as a concession/charter/"Free Economic Zone". -- [1] https://en.wikipedia.org/wiki/Micronation https://en.wikipedia.org/wiki/Micronation [2] https://www.britannica.com/biography/Chaim-Weizmann https://www.britannica.com/biography/Chaim-Weizmann [3] there were plans to build a new Jewish states in Uganda or Madagascar, but the only place to restore/revive Jewish statehood was in the Land of Israel/Palestina. [4] https://en.wikipedia.org/wiki/Rhodesia https://en.wikipedia.org/wiki/Rhodesia