By transfix|cryptocurrency, economics, government|Be the first to comment!
Cryptocurrency is frequently maligned because of its purported lack of fundamental, intrinsic value. While it can be argued that decentralized transaction networks do have intrinsic value in that a third party is not necessary to carry out transactions over long distances, in order to help legitimize the crypto economy as a whole there needs to […]
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Has sociopathy destroyed the natural state of the self determined individual? Do people really need external structures to provide the framework for their lives? Have we been convinced of this the whole time? Or was the structure necessary at one time to move society forward? And even if it was, does it need to persist? […]
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The news that Fidor bank out of Germany is now using ripple internally is actually quite incredible. Fidor is The bank Kraken uses for their euro deposits. Hopefully kraken can become a gateway soon. Are they waiting for the money transmission license situation? Vault of satoshi out of canada can serve customers in South Carolina […]
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Capitalism can be seen as mirroring a naturally occurring process. It is no more imposed on society than the theory of relativity is imposed on physical reality. Without any given structure, people naturally organize in ad hoc functional groups for their survival. To survive and plan long term they must individually save and allocate resources […]
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Economic violence begets physical violence. The G-7 shareholders of the IMF1 control it directly regarding the issues they care most about, and for less important peripheral issues it’s just the IMF’s supposedly impartial staff making objective decisions. Meanwhile, today, as reported by CNBC2 and Zerohedge3, the IMF will only bail Ukraine out if it manages […]
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