Post
Topic
Board Economics
Re: Bitcoins Lost
by
myrkul
on 09/03/2011, 16:22:07 UTC
It's not a "trade". It's a right. by taking my property, regardless of whether or not I am actively using it at the time, you are taking away the resources i have invested in that property.
Well, think about it. The only way you can get an income from a piece of land without working it is by working to keep others from working that land unless they pay you a tithe. I imagine a land owner patrolling his property claim trying to keep workers out. But that’s tiring, and he can only patrol so much land himself, so he hires thugs to do the task for him. But that’s expensive, so with the help of other land owners with similar concerns, he sponsors a government that will help him and do so at least partly on funds extorted from the workers themselves.

Quote
In the terms of the "philosophy of liberty" video, you are stealing my past.
If you’d like to make that argument, please present it.

I did. let me put it in terms you will understand. My money is the condensed product of my labor. when I give my money to someone in order to acquire property, that property becomes mine through the actions of my labor. when you come along and take it, you are stealing the results of that labor.

let me break it down even more:

labor --> money --> property

when you take the property, you break that chain, rendering my labor moot. I should not need to continue laboring in order to keep my property. In order to extract more money from it, perhaps, but not simply to keep it. Follow?