Post
Topic
Board Economics
Re: Has the 'Bitcoin Experiment' changed your political or economic views at all?
by
lemonginger
on 05/11/2012, 04:06:55 UTC
I was a left libertarian highly skeptical of "market anarchists" and libertarians. Bitcoin basically confirmed my views. It's still useful as a relatively low volume crypto-currency for TSR (which remains pretty much bitcoin's only large scale viable marketplace) but other than that it seems to be primarily a bunch of people who would screw over their own mother if it made them another buck or two. The fallacy of a perfectly self regulating free market has been exposed as the lie it has always been. Bitcoin will perhaps bootstrap itself into some sort of quasi-stable state without being destroyed by scammers, but I feel that the general character of a right-libertarian project has been plain to see compared to most left libertarian projects I have been involved in.

Many of the smartest and highest integrity people here are right libertarians, so I am not saying that all right libertarians and market anarchists are scammers, just that market anarchism is a sort of cesspool of ultra-greedy people who quite frankly, I don't want to work on anything with.