Post
Topic
Board Bitcoin Discussion
Re: bitcoin is slowly changing my ideology from socialism to libertarianism!
by
herzmeister
on 04/08/2014, 14:09:49 UTC
You should take the time to read Rand's writing. She was very much against the crony capitalist "good old boys club."

really? People like Alan Greenspan weren't in her "inner circle"? http://www.youtube.com/watch?v=KIk5C2qsRH8  Wink

even if, she can be "against" things all she likes, but in reality, historically, since the beginning of civilization, trade has never existed without "the club". And even if it does for a while (the American pioneers perhaps), the clubs will find a way to take control again. Game theory / Nash equilibrium type of thing. Bitcoin may finally overcome this if a) it does achieve to shift power and abolish the state as we know it, and b) the wealthy BTC dynasties won't become the new aristocracy over the next generations and repeat history all over again (it's the information age that may prevent that).