Re:China's Central Bank Bans ICOs
by CryptoPunk on Monday September 04, 2017 @08:22AM
(#15167699)
Perhaps you could create a thread in an appropriate forum and we could debate the issue, because I don't agree at all that absent pillaging the rich with redistributive taxes, we'd see a worsening of poverty.
And even if we could save the poor with such acts, it seems like a very shortsighted approach that can't possibly be sustained over any significant timescale, given it depends on ignoring the will of an entire segment of the population. What kind of society could we possibly hope to create with such an adversarial approach?
Yet without such things we end up with millions in penury, risking starvation, because they never thought they'd be the one to hit hard times.
As for the rest, yes I get that you're a libertarian. I'm not. I understand its appeal, but it's a recipe for literal social darwinism, with those who are poor, unlucky or ill getting to die, free, in the streets.