Post
Topic
Board Bitcoin Discussion
Re: "Failure to Understand Bitcoin Could Cost Investors Billions" (Bitcoin's flaws)
by
Zarathustra
on 13/03/2014, 10:45:19 UTC
Now, whether or not what we have can rightly be called capitalism is another question entirely.

https://bitcointalk.org/index.php?topic=495527.msg5656763#msg5656763

Zarathustra is conflating the ill effects of debt and tangible capital (which is actually inertia and liability, not assets) with the gains in prosperity that all arise from technology and human ingenuity.


This is Fiction and Theology. Fact in the real world and history is this: anarchist, debtless communities do not increase production and productivity. Collectivist societies do.

You are a collectivist. You are trying to maintain the society (collectivism), which is a world of doing business with aliens. It is the opposite of anarchy, which is self-sufficiency in a world of self-sufficient communities, which means: no business and no labor division with aliens.
A decentralized society is still a society (labor division). It is not anarchy, which is self-sufficiency beyond labor division with aliens.

You don't understand the role of debt. Debtless humans don't suffer from productivity gains. Debtless humans in the rain forests nearly live still the same life style as 100'000 years ago.
Productivity increase and output increase is the result of tax/tribute and its derivative: the debt/interest.

There is no such thing as a 'knowledge production' in an anarchist environment. Knowledge production is at least hundred fold slower within anarchist, debtless, stateless communities than within indebted, collectivist societies. Historic fact against theologic fiction.

Start your education in anthropology and the difference between non-growing communities (anarchy) and rampant growing societies (patriarchy/collectivism), instead of posting theologic nonsense about your idol: progress, which in fact is destruction by labor division (collectivism)