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Old 1st January 2018, 10:46 PM   #1362
Craig B
Penultimate Amazing
 
Join Date: May 2011
Posts: 22,841
Originally Posted by psionl0 View Post
Wow. Satoshi Nakamoto is not only a computer geek but psychic and can control the future too!
No; but he could make bets on it, and increase the odds in his favour by designing the enterprise to be attractive to a targeted category of victims: millions of libertarians are still being sucked in by this Ponzi scheme that masquerades as a better alternative to 'fiat' currency". I think that's what's being argued. If that is what happened it is poetic justice.

The main force we have to protect us from swindlers and assailants is the government, with its repressive and regulatory legal and enforcement powers. In a democracy deriving their just powers from the consent of the governed. Libertarians see this as tyranny, and refuse to offer their consent. Not only, therefore, can they not resist swindles designed to negate and usurp the social functions of government - they positively embrace them. They have for example elected an "anti-President" in the USA.

Is bitcoin a scam intentionally conceived, and cleverly designed, to exploit this ideological prejudice?
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