jwweatherman

Even if that was true it wouldn’t explain why these nations remain poor. You don’t need a high IQ to do most of the jobs in the economy. These nations are poor because they are prevented from trading with rich nations like the US and Europe.

Thanks a ton!

I agree. I’d put single payer healthcare in the category of “state monopoly slavery.” The distinction being between selective state run monopolies and the State monopolizing everything. Pros and cons for each from the perspective of the predator.

An excerpt:

Getting Hitler to throw the game.

To illustrate this let’s imagine that we live in Germany in 1932. Hitler is about to rise to power and it is clear to many that he intends to establish socialist slavery. But unlike the real 1932, let’s assume Bitcoin is available and commonly used for anonymous gambling. Wealthy factory owners can be sure that Hitler will steal their stuff as soon as he can. In repsonse they buy an insurance policy. Many of them place a bet that Hitler will become Chancellor before the end of the year. At first this would seem like a foolish bet. Everyone can tell that he will become Chancellor. But this bet creates an unexpected incentive. Anyone in a position to prevent Hitler becoming Chancellor could bet against these men and then take action to ensure the outcome — namely to ensure Hitler doesn’t become Chancellor.

This is part 1 in my series, Bitcoin, the real Great Emancipator.

The series is a survey of the major types of human slavery, and how Bitcoin disrupts these repulsive institutions. In Part 1 we will establish a solid definition for slavery