Did you even read my analysis? Appeals to authority are not valid in a meritocracy.

I posit that Hayek is incorrect and empirically so from the 1800s example in the USA, wherein the economy was so destroyed by unregulated booms and busts that Rothschild had to bail out the US government. Also the economy is fundamentally changing, which is what I explained if you dig down into my recursive links starting from the one I provided to you for your timely edification.

We are moving away from a model where labor was fungible. Have you not read the essay at the top of the Economic Devastation thread written by myself Rise of Knowledge, Demise of [Usury] Finance.

Note I've also copied your thesis to the other thread for discussion there with @dinofelis.

Let the banksters have Buttcoin (and their dying usury, industrial age). We'll build something for us (the knowledge age workers and creators).