Quote from: r0ach on February 09, 2016, 09:26:14 PM

Quote from: TPTB_need_war on February 09, 2016, 09:11:39 PM

Why are you on a technology forum? I think you want the Cave Man Hasn't Discovered Fire discussion and doesn't have a suitable weapon to fend off lions.

Bitcoin is a supposed solution to a monopolization problem. Even if Bitcoin worked flawlessly, what I just talked about above is the real monopolization gorilla in the room that dwarfs it. Like I said, even with a perfectly functioning Bitcoin that scales to infinity, it would be worthless if you're unable to opt out of a monolithic civilization at all.

You have conceptualized the problem incorrectly. Refer to the Economic Devastation thread in the Economics forum. This thread it the wrong place to discuss it.

In short (and please reply on the other thread), maximum division-of-labor (specialization) is a problem when Coase's Theory of the Firm is in control. But we solve this by lowering transactional costs between specialists, so the capitalists can't parasite via the Corporation.

It is a more complex discussion than we should have in this thread.

I am sad to see you are so pessimistic. I'd like to help you see the light (if I had more free time). I need to busy coding instead.