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Its based on free market and freedom principals, both of which are under a very subversive attack by powerful forces for a while now but has been intensifying l
by dudebrooo 4y ago
Its based on free market and freedom principals, both of which are under a very subversive attack by powerful forces for a while now but has been intensifying lately for many reasons, but...
The electricity is either for sale in a market or it is not a free market and you are in some communist or fascist style rule of law.
What we have now is turning into some kind of worst of all worlds.
A price cap on btc by law or manipulation is despotic.
Value judgements on what you use electricity for is despotic.
And using propaganda to destroy competition in currency markets is despotic.
Competition makes us all better and nothing anyone can say on a washed up startups website can change that.
- somewhereoutth 4y agoThere is no more a 'free market' as there is such a thing as a 'free house cat'. Markets require an outside authority to impose structure, otherwise it is simply a question of who is strongest. The 'powerful forces' of which you speak are actually the further right, since Reagan, who would rip up social structures precisely so they can take by force what otherwise would be rightfully denied them.
- Telemoto 4y ago
- imtringued 4y agoIf there is such a thing as a free market then Bitcoin and similar currencies that do not neutralize liquidity preference are the reason we don't have free markets. >under a very subversive attack by powerful forces for a while now but has been intensifying lately for many reasons, What many reasons? As I already said liquidity preference in combination with non neutral liquidity is ultimately the reason why markets aren't "free".