Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
billyjoeallen
on 16/04/2014, 02:11:26 UTC


If Greenspan gave the power to the private sector, then it's logical that those who are at the top of the private sector have the the most important vote on things.

They have the most important vote on things now.  Who do you think vets the candidates for high office? Who do you think funds campaigns? A State is by it's very nature a monopoly on aggressive force. Governments always and everywhere serve to concentrate power in the hands of the already powerful. Even democracy by it's very nature is the dominance of the minority by the majority.

There can be no stable distribution of power with the existence of a monopoly of initiatory violence. Everybody struggles for control of the monopoly and the people with the most resources and power almost always win. Even when they lose, the loss is only temporary or new oligarchs move in.

The only stable long term viable solution is to distribute governance. Decentralize. Concentrated power is bad no matter who has it. It corrupts when it it not possessed by the already corrupt.