Post
Topic
Board Bitcoin Discussion
Re: Post-2007 SecondLife (sans admins), here we come!
by
Raralith
on 11/09/2012, 20:44:48 UTC
Free market not only gives freedom to individuals. It also liberates society from burden of the weak members.
The weak must perish, so the strong may flourish.

To a certain degree that could be true, but the world isn't a zero sum game. The majority of the world are the weak, they are the followers that take orders from the strong, but what happens if the weak leave (or are "liberated" as you eloquently put it)? You just end up with an empty sandbox, you end up with BitCoins that no one uses nor will use. There has to be a balance, harmony, somewhere, but a "dog eat dog world" certainly doesn't promote this. Bottom line, a 100% deregulated market is the same coin as a 100% regulated market as both are so far in the extremes they are right next to each other.

I do have a financial stake, as do a vast majority of people on these forums, and I hope it doesn't go down the drain. Looking at what has happened as of late, it doesn't look too good. BitCoin is a test, something that really hasn't been done in the past, but human nature has been put to the test numerous times, and it has almost always ended quite barbarically. If it ends well, we'll all be profit, and we can show the world that we as humans can "contain our animal urges and learn restraint." If it doesn't, it just goes to show that we are just wild (albiet refined) animals and that some regulation is better than no regulation.