Individuals are demonstrating their discontent for governments in increasingly creative and disruptive ways. Welcome to the digital age. Access to information has never been as readily available to citizens. Previously disconnected people now have the realization that they are not alone in their thoughts. They now have the tools to communicate and organize in a decentralized way that was never possible.
RT @Rhythmtrader: Current governments were never designed for a world of connectivity that both the internet and bitcoin enables.
Global protests are the perfect storm for self-sovereignty.
My latest post: The Decentralization Of Revolutions
I mean... I kinda fucking hate this sentiment. In a world were 99% is owned by the 1%, "getting rich" for the average person, would only require a more ethical distribution of wealth. So fuckin yeah. People want more money.
Freedom? Crypto is leading the way to a one-world currency, which will be controlled by a one-world government, which will be controlled by a man who sets himself up as God, who will not allow anyone on the face of the Earth to buy or sell unless they worship him.
It's about the freedom to import drugs without having to deal with excessive government regulations regarding the way you transfer money to foreign nation's. I see crypto going up in the long run but that doesn't mean I don't see a 10 year bear as a possibility.
RedmoonsSilver | QC: CC 34 | VET 14 | r/Politics 696 months ago
Stupid comment, stupid article.
The inventor of something does not have exclusive, permanent right to how that something will be used. It is also extremely small minded to assume that digital cash would not become used in commerce and have a market associated with it.
WoooooooodySilver | QC: VTC 20 | r/Android 2296 months ago
"freedom" lol you gotta give up your whole identity just to buy some
ToyakePlatinum | QC: CC 1499, BTC 332 | LTC critic | r/B6 months ago
More money = more freedom
It's always been about getting rich, nobody gets excited over a store of value.
BasvanSSilver | QC: CC 340 | IOTA 473 | TraderSubs 1546 months ago
Mo’ money = mo’ problems
ToyakePlatinum | QC: CC 1499, BTC 332 | LTC critic | r/B6 months ago
*no money = mo problems.
I can think of a million ways to go broke quickly, the reverse is a little more difficult.
RayvonukSilver | QC: CC 137 | NANO 63 | TraderSubs 146 months ago
The majority of holders bought near the top as well which doesn't help matters and we may well never reach those ATHs ever again but thankfully some of these projects can still be succesfull and change the world without high cash values.
That's because anything in capitalism that starts with high-minded ideals almost immediately falls prey to the fact that everything is competition based. It's everyone against everyone else. Also known as "fuck you, I've got mine".
Google started out with "Don't be evil" when it was three academic eggheads who invented some cool search algorithms.
Now, it's "Shut up, give me all the money, and nobody talk to the press".
The idea that cryptocurrencies can set people free is ridiculous. The only reason I'm in it is to see if it can free me in the sense that I can achieve financial independence.
Real freedom would be a proper competitionugh cooperation based system where we no longer even keep score, so we no longer need money of any kind. I don't think we'll get there in my lifetime, or indeed in time to save our species from extinction, so it's mostly academic.
Whiskeywonder1 - 2 years account age. 100 - 200 comment karma.6 months ago
The free market isn't based on high minded ideals. It's based on freedom and that means natural competition. You have a warped idea of Capitalism that has been pushed by the media. Capitalism doesn't make anyone bad or good it's simply freedom for people to trade and transact with each other as they so wish. And if you want to know how the creator of Bitcoin thinks then read Nick Szabo Twityer feed. Most here will label it alt right cause that's what the media labels anyone who tells the truth.
You realize that aquiring wealth before capitalism was mostly through pilleging and stealing? Now it's through offering a service to people.
You paint a very misguiding image of our system considering poverty, hunger, life span.... Are all improving massively. Just curious, are you in college?
Is it hard to imagine a world beyond capitalism? If so, consider corporate cultures as a corollary; the difference between Costco and Walmart for example. One is extractive, the other is in large part for the workers. It’s actually not so hard to imagine.
If anything Costco is an example of capitalism and that government should stay off businesse's businesses with all the regulation. You are so confused if you think Costco isn't competing or hardcore capitalist.
One huge issue of a competitive based system with little to no regulation is that it will always fail to tie up the lose ends that are the social externalities of capitalistic competition. Ignoring those externalities is spelling doom for everyone involved, since no one thinks it’s their responsibility to spend where others aren’t. Especially now as we are seeing the institutions that are meant to be “for the people” being pillaged and ransacked my private capital. We are seeing easy capital drying up and the system is beginning to eat itself in the final stages. You cannot sustainably achieve a stable system based on competition within a closed system of limited resources.
Nobody is saying Costco isn’t competitive. They’re just a best case scenario given the political landscape.
I don’t think you understand how badly corporations can exploit capitalism when there are few rules in place. For example, Walmart purposefully employs workers part time so that they don’t have to give benefits. Also the federal minimum wage doesn’t raise automatically and hasn’t increased in years (lack of regulation). This often leads workers to request EITC benefits and other social safety nets when working for minimum wage jobs like this. This means that the public is paying for these workers to survive rather than the corporation, who take record profits yoy instead.
When there were fewer regulations workers earned more. Ford factory workers earned more a hundred years ago than they do now. Scandinavian countries don't have minimum wage and they have the highest salaries, neither does Singapore and they also have higher salaries. You are finding valid problems but you are very wrong in what's causing them.
So first, you didn’t actually argue against the examples I gave about Walmart and the lack of regulation there. I really liked your point about Sweden so I did some research. I think this article sums up your argument pretty well https://www.google.com/amp/s/amp.theatlantic.com/amp/article/541413/. A quote:
“While Sweden was making it harder for monopolies to dominate the market, the U.S. was changing its regulatory landscape to favor big companies and established firms (largely through overturning anti-monopoly laws and permitting industry consolidation), argues Lars Persson, an economist at Sweden’s Research Institute of Industrial Economics who has studied new-business creation in Sweden.”
This is someone who studies this for a living claiming that anti monopoly regulation is literally key to a healthy economy. Although a lack of regulation may be helpful in some areas, arguing that we need to remove the minimum wage is another bag of worms entirely that I can’t argue right now. I will stand by my original point that regulation (especially antitrust and workers rights) are really important.
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Real freedom would be a proper **cooperation** based system where we no longer even keep score, so we **no longer need money** of any kind. I don't think we'll get there in my lifetime, or indeed in time to save our species from extinction, so it's mostly academic.