The merits of the blockchain algorithm as a technology, and of Bitcoin as an investment don't seem strongly related to this point.  I can imagine a libertarian argument in favor of private as opposed to governmental issue of currency, but I don't think it plays a strong role in the ideation of the community here.

There are certainly strong political motivations for Bitcoin advocacy, but they don't seem to me to be tightly coupled with libertarian ideas.  The advocacy of non-politically valued currency can certainly derive from limited government ideas, but those are common to pretty much the whole of the Western Liberal tradition since at least Locke.  Arguably they derive from Constantine the Great.

I suspect that most libertarians would find Bitcoin appealling on some level, but most Bitcoin advocates would not self-identify as libertarian.


You seem to be equating bitcoin with a lottery ticket.  Of course it is not a lottery ticket by any stretch of the imagination.  The value of bitcoin is not determined by chance.  Thus it is difficult to see how this is relevant to your views on bitcoin, unless you have actually confused bitcoin with lottery tickets.  It is not even remotely analogous.  Does it not give you pause when you use an erroneous equation as the dominant plank in your platform?