Re:Are Bitcoins The Future?
by eli_gottlieb on Friday April 05, 2013 @01:53PM
(#5499919)
Actually, you're continuing to operate according to the idiotic American Rightist definition of "the Left": "THEY WANNA TAKE OUR MONIES, OH NO!"
Yeah, no. Cryptocurrency presumes a proprietarian-capitalist legal system in the first place.
Capitalism is about private ownership of the means of production. Its financial superstructure can and will vary.
But the anti-capitalists need to understand that they are soon to be completely undone by technology. It is going to be impossible for central governments to seize wealth once Bitcoin ramps up, just as defcad.org has made it impossible for them to seize guns. The universities? Nuked by MOOCs. The media? Bankrupted by the Internet. All the left's citadels are aflame.
And it is glorious.