tag:blogger.com,1999:blog-2890852736639676808.post5296320865303771203..comments2024-01-13T07:38:36.064-05:00Comments on Target Liberty: The Anarcho-Capitalist Case for Supporting the Government Smashing of Bitcoin and Other E-Currencies Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-2890852736639676808.post-65039126557572796452017-12-14T23:47:22.394-05:002017-12-14T23:47:22.394-05:00They aren't an alternative to state money, the...They aren't an alternative to state money, they are the next generation of it, or at least the prototype there of. Energy based with every transaction recorded. This is what technocracy needs to advance further. <br /><br />It's already been proven that government can determine who was involved in transactions of their interest. That's all government cares about in the present. Jimmy Joe Meekerhttps://www.blogger.com/profile/09559104650594440766noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-60375158080576822882017-12-14T14:12:33.581-05:002017-12-14T14:12:33.581-05:00JJM, I'm confused about what you're saying...JJM, I'm confused about what you're saying. Are you saying that crypto-currencies were designed as an alternative to state money or they were not? I was talking about why they came into being, you seem to be talking about what might happen in the future.<br /><br />I thought digital currencies had other beneficial features too. <br />Cash is attached to the physical holder, whereas The NAPsterhttps://www.blogger.com/profile/16631781625841157567noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-48735949499720319202017-12-14T11:07:04.256-05:002017-12-14T11:07:04.256-05:00The "conspiracy theorist" counter attack...The "conspiracy theorist" counter attack of random questions is non-responsive. I could ask you a series of random questions that are worded to imply certain views upon you as well but that wouldn't be productive. <br /><br />You are arguing that bitcoin and its kin are non-state money. I am arguing that they very much fit the desires of the state and that is why the state has not Jimmy Joe Meekerhttps://www.blogger.com/profile/09559104650594440766noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-25986181257287386852017-12-14T09:04:44.636-05:002017-12-14T09:04:44.636-05:00JJM, certainly I've heard the theory that the ...JJM, certainly I've heard the theory that the US government designed Bitcoin for its own purposes. And I can see how one could form that view. Does that mean you believe that the thousands of miners globally are in cahoots with the US government (if you know about this history, wouldn't they too)? Also, why would the US government go to the trouble of creating the other 1,323 The NAPsterhttps://www.blogger.com/profile/16631781625841157567noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-80929872358028677352017-12-14T00:23:04.989-05:002017-12-14T00:23:04.989-05:00"Bitcoin was designed as an alternative to st..."Bitcoin was designed as an alternative to state money"<br /><br />How do you know that? Because that is what we are told? It seems like someone designed the ultimate in state money to me. The state simply needs people to become accustomed to it and then take it over formally. <br /><br />"The fact that the state would want to restrict or prohibit it is proof of this very fact.&Jimmy Joe Meekerhttps://www.blogger.com/profile/09559104650594440766noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-64309738768750476432017-12-13T22:27:11.991-05:002017-12-13T22:27:11.991-05:00JJM, by "dual use" I mean able to be use...JJM, by "dual use" I mean able to be used to fight the state as well as useful for the state (to reduce liberty). Bitcoin was designed as an alternative to state money (and the state's banking system), and state money is the lifeblood of the welfare/warfare state. The fact that the state would want to restrict or prohibit it is proof of this very fact.<br /><br />Yes, the public The NAPsterhttps://www.blogger.com/profile/16631781625841157567noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-77867774216986921862017-12-13T20:02:53.807-05:002017-12-13T20:02:53.807-05:00The design of bitcoin and those like it is to reco...The design of bitcoin and those like it is to record all transactions. As such I don't think it is dual use at all but its design. It was never designed to be private, there was just a claim that a person couldn't be tied to his account. A claim that turned out to be as false as many knew it would turn out to be. Regardless an account's transactions being recorded were never in Jimmy Joe Meekerhttps://www.blogger.com/profile/09559104650594440766noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-28381915439643649562017-12-13T17:37:42.125-05:002017-12-13T17:37:42.125-05:00This comment has been removed by the author.Thomas Batemanhttps://www.blogger.com/profile/06493366024392863302noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-23302826245248187792017-12-13T13:02:24.769-05:002017-12-13T13:02:24.769-05:00"In other words, I expect Bitcoin and other e..."In other words, I expect Bitcoin and other e-currencies to get crushed by government, one way or another, sometime in the future. I would rather see it happen now so that it doesn't further educate statists on how an e-currency could work in general exchange."<br /><br />Unfortunately, I think that ship has sailed. When even Venezuela seriously considers establishing a digital Nick Badalamentihttps://www.blogger.com/profile/14015961786370759940noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-77882066465211208472017-12-13T12:02:12.660-05:002017-12-13T12:02:12.660-05:00Sherlock, your point on guns may not stand up if t...Sherlock, your point on guns may not stand up if the Feds or states ever get a real gun registry going (which Hawaii already has).<br /><br />In any event, my dual use point is not limited to guns. As I noted over at the other posting on the Australian central bank, the Internet is also a dual use technology/infrastructure with tremendous benefits for the state as well as for private citizens. The NAPsterhttps://www.blogger.com/profile/16631781625841157567noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-67877768732926256222017-12-13T10:08:47.471-05:002017-12-13T10:08:47.471-05:00This comment has been removed by the author.Thomas Batemanhttps://www.blogger.com/profile/06493366024392863302noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-76037402794003491612017-12-13T09:52:46.398-05:002017-12-13T09:52:46.398-05:00As with any new technology of this magnitude, it&#...As with any new technology of this magnitude, it's an extremely sharp double edged sword. I'm hopeful that Bitcoin is not the end all be all of e-currency (definitely not of blockchain) and that newer applications of the technology solve the privacy paradox problem in Bitcoin.Seanhttps://www.blogger.com/profile/08249326784075120297noreply@blogger.comtag:blogger.com,1999:blog-2890852736639676808.post-76962219668313607252017-12-13T09:11:47.097-05:002017-12-13T09:11:47.097-05:00Robert, what you seem to be saying is that anytime...Robert, what you seem to be saying is that anytime there is a new product that can have a dual use, one to take on the state and one to be used by the state, we should hope for its destruction. Shouldn't we celebrate attempts to get around the state and make its life harder (see my related comment at your Australia story post)? I also think you're short-changing those in power; if they&The NAPsterhttps://www.blogger.com/profile/16631781625841157567noreply@blogger.com