- 28 Jun 2013 23:23
#14263195
I know there is already a thread about Bitcoin but I wish to separate discussion of technical aspects of the currency from the political implications.
If you want to learn about how bitcoin functions please consult the thread linked below.
viewtopic.php?f=70&t=151139
Bitcoin is a very attractive proposition to me as it is independent of govt. and banks. Inflation is fixed and finite. Transactions are anonymous.
The political implications of this are promising;
People can evade economic warfare- Peer to peer transactions don't require banks.
People can evade prohibition- Online gambling for instance.
People can evade boycotts- Controversial organisations cannot be excluded.
Libertarians like this.
What do anarchists think?
If you want to learn about how bitcoin functions please consult the thread linked below.
viewtopic.php?f=70&t=151139
Bitcoin is a very attractive proposition to me as it is independent of govt. and banks. Inflation is fixed and finite. Transactions are anonymous.
The political implications of this are promising;
People can evade economic warfare- Peer to peer transactions don't require banks.
People can evade prohibition- Online gambling for instance.
People can evade boycotts- Controversial organisations cannot be excluded.
Libertarians like this.
What do anarchists think?
Pro life in the womb
Pro gun in the classroom
Pro gun in the classroom