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I mean it seems like the conversation these days is never about how Bitcoin was a libertarian anti-corruption response to the 2008 banking crisis. The miracle t
by gnarlouse 3y ago
I mean it seems like the conversation these days is never about how Bitcoin was a libertarian anti-corruption response to the 2008 banking crisis. The miracle then is hoping enough people stop trusting banks. I feel like institutional money getting into crypto was the thing that killed it. A cheap investment to maintain control of the value of a dollar.
- acdha 3y agoThe ideology I was referring to was the builtin deflationary model: that’s a very strong ideological position in libertarian circles but since it immensely privileges wealthy early holders over everyone else, it’s a huge barrier for adoption.