Post
Topic
Board Bitcoin Discussion
Re: David Friedman and Bitcoin
by
Monster Tent
on 25/01/2013, 16:28:21 UTC

No, I just dont see any solution to get from where we are to a better place. All I hear on this forum is extremism with no answers to the transition.

People advocating removing everything all at once dont see how disastrous it would be.

Well.. read "The Machinery of Freedom" for starters.. it has a full chapter on transition called "How to get there from here". The book is available for free online.

There is a vast gap between theory and actual practice. Bitcoin has no regulation and its ended up demonstrating that zero regulation = scammers paradise with no way for victims to be made whole. I wouldnt recommend bitcoin to my worst enemy at this stage because this "community" has no support for victims of scamming and prefers to blame the government for its woes.

Exactly how is regulation at fault for the massive scamming and lack of restitution in bitcoin ?