Originally Posted by
Craig B
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.
Oh. Sounds like you're not as caring as I thought. Surprise.
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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.
What happens when the swindlers run the monetary system, and the government?
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Is bitcoin a scam intentionally conceived, and cleverly designed, to exploit this ideological prejudice?
I don't know, what happens? Why don't you tell me? You're putting in a lot of work around here. Are you getting paid?