Post
Topic
Board Bitcoin Discussion
Re: We should be happy tyranny is allergic to bitcoin, not sad.
by
taltamir
on 26/12/2013, 09:39:15 UTC
Crypto anarchy is real and in existence

1. An anarchic currency used in a different form of government isn't an anarchy the same way that china isn't capitalistic despite allowing the occasional capitalist endeavour.
2. Governments are already moving to regulate bitocoin
3. Bitcoin is not an anarchy, it is a democracy (not a constitutional republic in that if 51% vote to just steal money from X to give to Y it happens, there are no protection against it). Furthermore, unlike traditional democracies where people each get a vote, in bitcoin the vote is based on hashpower, which is extremely easy to centralize thanks to ASICs.

When did I say bitcoin was anarchy? It's a protocol.

1. Is the united states capitalistic even though it has non capitalistic properties? Social security, strategic restrictions, etc.

2. Governments can't regulate corrupt bankers, money laundering, gun running, the drug trade, etc. They might try, and sometimes be successful. That doesn't do much though.

3. Bitcoin is a protocol. I don't think bitcoin centralization is very likely. Although time will certainly tell. Bitcoin is one protocol, there can and will be others.

1. No, in the year 2013 the united states is a heavily socialist country that is rapidly embracing communism, dismantling its rule of law, dismantling its protections against tyranny, and sinking ever deeper into corruption.
The way you phrased your "question" was rather condescending and suggests I am "just picking on china" which shows you completely missed my actual point

2. Governments are the source and the method of corruption. They do regulate, they regulate towards corruption.

3. You need a better argument than "bitcoin is a protocol". The bitcoin protocol is a protocol, bitcoin is a cryptocurency AND also unit within said cryptocurency. Then you have the bitcoin network and the bitcoin software stack. But none of this semantics actually addresses any arguments