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I don't understand this at all. Authority is a fundamental and underlying requirement of essentially all aspects of civil society, including but not limited to
by preseinger 4y ago
I don't understand this at all.
Authority is a fundamental and underlying requirement of essentially all aspects of civil society, including but not limited to justice. There is actually no way to define even the concept of crime without an appeal to a supervisory authority.
Authority, and specifically "centralized" authority, is a necessary component of any system that can effectively serve more than a nominal quantity of human beings.
- toolz 4y ago> Authority, and specifically "centralized" authority, is a necessary component of any system that can effectively serve more than a nominal quantity of human beings. It would seem bitcoin, a global, massively successful cryptocurrency with no centralized authority, serving as a sovereign nations national currency, serving markets all over the world to the order of trillions of dollars would be one of many direct contradictions to your claim.
- preseinger 4y agoNeither the fact that the failed state of Venezuela has made some moves towards Bitcoin, nor the amount of nonproductive/wash volume that crypto does per day or whatever, serve as counterpoints to my claim. Currency had an actual definition, expressed in terms of other actual things. It's not just whatever you say it is, or whatever someone might use to perform an economic activity. Additionally, Bitcoin is plainly not "massive successful". It is at best "marginally utilized".