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I hate it when people bring up the free market as a cure-all solution and say that all we need to do is deregulate everything. There has never been a truly free market in the history of mankind. There has always been some sort of governing body to constrain the outliers of society in order to make sure that terrible things don't happen in the forms of police forces, armies, schools, and regulatory agencies. Especially today you can't say that the government could just step out of the picture, since THEY'RE THE ONES MAKING THE MONEY THAT YOU'RE USING. There are even entire towns in America that would wither and die if it weren't for military factories. You know what would happen if you decided just to pull back the government and let the populous run wild? After the chaos died down, people would've established a new form of governance in the absence of the old one, meaning there would've been a grand total of ZERO progress. People who argue for just pulling back to let the market be free are just self-serving bastards who would run crying to the government for protectionist policies the second foreigners start to intrude on their business because native corporations have been sitting on their asses cranking out poo poo for the last few years. As for socialism, I have no idea what pure socialism is supposed to be, since to my knowledge there's never been a fully socialist economy.
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Jul 4, 2011 03:49
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| # ¿ Apr 28, 2024 14:42 |
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Insert puns here posted:Absolutely this. This is my favorite thing about Bitcoins. They do exactly what the libertards wanted, the Bitcoin system itself works just fine and they're totally free of government regulation. And yet everything about them in practice is totally hosed up and dysfunctional and it took about five minutes for everyone to run crying for controls, regulations, and centralization. It's a beautifully educational experiment, I just wish that the people who need to learn the lesson would figure it out. Actually, I don't think Libertarians would like Bitcoins, since last I heard, Ron Paul was trying to bring back the gold standard. Best thing Nixon did was get rid of the silly thing.
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Jul 4, 2011 15:39
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At this point, I keep expecting to hear that this was all some form of brilliant scam, but I can't for the life of me figure out how you would make money off of this.
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Jul 5, 2011 21:01
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Jalumibnkrayal posted:Sorry I stole that from someone earlier in the thread. Props to that person! That is essentially hoe currency works. Except instead of being backed by the a federal government or an irrational lust for precious metals, bitcoins are backed by the dumb schmuck who invented them and the hope that nobody tries to smash the whole thing into oblivion.
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Jul 9, 2011 05:10
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iSuck posted:You will also need to tithe (10%) of your BTC earnings to the Federal Reserve. It is the only way to guarantee your entry into His favor. You should burn them in a sacrificial altar instead. To get the church involved in this nonsense would be an even greater sin.
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Jul 9, 2011 21:22
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The fun thing about libertarians is how the proof that the current system is terrible is that "bad things happen," and they like to believe that the system that they would set up would of course be better, on the grounds that "people inherently wouldn't want to gently caress each other over," and that their system can't be proved wrong because nobody's ever really tried it. And these are all the exact same arguments that socialists make.
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Jul 17, 2011 01:55
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It's funny how big Ayn Rand is with libertarians and conservatives considering how she's Russian. Objectivism is basically entirely in reaction to both the Tsars and the Soviets, both of which she experienced. Her not-made-up name is Alisa Rosenbaum.
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Jul 23, 2011 03:33
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Captain Gordon posted:Apolgoies if I missed a post in this huge thread, but having a very limited economic knowledge myself, why exactly is bitcoin doomed to failure? I'd say the biggest problem is that imaginary internet dollars are completely unneeded by the economic system, and it lacks support from any large powerful entity, so the majority of the public doesn't give a gently caress about them. That means that the people who try to get into bitcoins are either naive optimists or crazy libertarians who are convinced that they are the currency of the future, but without any legitimate businesses accepting bitcoins, the drat things just get passed around from one fool to the next. And even if Bitcoins did start supplanting real money, it'd just lead to a bunch of unnecessary confusion while people adjust to the new system, with literally no benefits and a bunch of new problems that didn't exist before.
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Aug 18, 2011 23:09
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If you're willing to try extorting money with terrorism, to get some value out of your Bitcoins, why not just extort money with terrorism?
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Aug 21, 2011 13:53
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| # ¿ Apr 28, 2024 14:42 |
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Bitcoins: Maybe terrorism will make these pieces of poo poo worth something
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Aug 21, 2011 23:59
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