Re:India proposes law to ban cryptocurrencies, create offici...
by paganel on Saturday January 30, 2021 @02:44PM
(#25972268)
> The system has its origins at a time when only land owning white men (by definition a minority at the time)
And even then, it was highly debated against, if I remember correctly even James Madison himself was against it, to say nothing of the anti-federalists.
In the end Madison saw it as a compromise towards the States, but after 200+ years I think the anti-federalists were right on this, it ended up like an aristocracy-like thing with too much power vested in its members.
And even then, it was highly debated against, if I remember correctly even James Madison himself was against it, to say nothing of the anti-federalists.
In the end Madison saw it as a compromise towards the States, but after 200+ years I think the anti-federalists were right on this, it ended up like an aristocracy-like thing with too much power vested in its members.