So, BTC is also a product of nature in a sense... just like fractals (sacred geometry).
By that reasoning, isn't everything's a part of nature?
In theory, yes, they enforce certain things to "protect" you. The reality is little bit more different.
Yes, there's power abusage. However, at least there's a theoretical protection. I can't see it same like I do with classic ponzis.
Of course not everyone is a responsible person. Most people would rather have instant gratification and spend their whole capital prematurely.
So, what to do since these people live among you and me? The overwhelming majority doesn't trust themselves more than the state.
Monopolies hurt competition and increase corruption. Absolute power corrupts absolutely.
Of that I'm agreed. I spoke about the pension system.