Originally Posted By: [LoD
Roksmokar]Bitcoin is the poster child of the failings of Libertarian ideology. It also shows the gullibility of it's subscribers. On one hand they won't trust the American Government, but they place full trust in a system created by an anonymous foreign entity.

Bundy supporters are dropping like rare desert turtles because they believed in half-truths and flat out lies. In other words the hype train don't run on BS for very long. Time to find another living embodiment for your philosophy, this one is milked dry.



Rok,

"Libertarian Ideology" is a huge blanket. Sure you have the Alex Jones quasi-libertarians that believe in lizardmen, illuminati and that 9/11 was an inside job, then you have socialist-libertairnas like Noam Chomsky who promote personal liberty and economic slavery. There is also the small "l" libertarians like myself that have a philospohical belief that free markets work "better" -- not perfect, for mankind than any system out there. For example: The internet is the freest, most unregulated market in the world. Let some DC bureacrats sink their teeth in it and see what happens.

All currency is manmade, bitcoin is no different (Fed doesn't recognize it as a currency). Currency is based on "reputation" so the dollar's value will rise and fall based on its merit to other currencies. If bitcoin sucks then it will rise and fall on its reputation.

Please sell me on another philosophy that gives people incentive to work hard, promotes innovation (the only wealth creator) and one that doesn't allow some do-gooder bureaucrat to pick my pocket.