Re:The Bitcoin bubble – Greater fool theory
by paulgb on Thursday November 09, 2017 @10:02AM
(#15662919)
That's a tempting narrative but I think for a lot of people who oppose Bitcoin it's a matter of belief in the monetary ideas behind it. Not in a political, what should we do sense, but the actual normative economics of how money works.
The statists are fundamentally opposed to bitcoin on many levels, so the vitriol runs hot and heavy there.
The Libertarians love bitcoin like their forebears liked gold and distrusted the government.
What is money today but the ultimate manifestation of politics in everyday life?