Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: tokeweed on January 27, 2015, 03:23:56 AM



Title: If only Friedrich Hayek was alive today...
Post by: tokeweed on January 27, 2015, 03:23:56 AM
He would definitely love what's going on in the crypto-currency scene.  He was an advocate of the "privatization" of money.  Watch this documentary...

https://www.youtube.com/watch?v=A8bfTjp6Xw0&app=desktop

It's a must for bitcoiners and altcoiners alike.


Title: Re: If only Friedrich Hayek was alive today...
Post by: Chef Ramsay on January 27, 2015, 04:01:34 AM
Agreed. Hayek was an Austrian economist and believed in laissez-faire capitalism who lived a long life and was quite the hero of many that adhere to libertarian and ancap stripes in modern times. He was often described as a defender of classical liberalism which is modern libertarianism but the former became nonsense as Wilson changed the meaning of what a democrat/liberal was and finalized by Roosevelt later on.


Title: Re: If only Friedrich Hayek was alive today...
Post by: benjamindees on January 27, 2015, 04:36:17 AM
You can't make a post about Hayek without including this:

https://www.youtube.com/watch?v=d0nERTFo-Sk


Title: Re: If only Friedrich Hayek was alive today...
Post by: Ingatqhvq on January 27, 2015, 04:42:13 AM
BTC is the dream currency of his theory.


Title: Re: If only Friedrich Hayek was alive today...
Post by: tokeweed on January 27, 2015, 07:55:29 AM
You can't make a post about Hayek without including this:

https://www.youtube.com/watch?v=d0nERTFo-Sk

haha


Title: Re: If only Friedrich Hayek was alive today...
Post by: Elwar on January 27, 2015, 07:58:36 AM
Keynesians and their "I like the blockchain technology but not Bitcoin" views in 5...4...3...


















Title: Re: If only Friedrich Hayek was alive today...
Post by: hashman on January 27, 2015, 08:41:45 AM
He would definitely love what's going on in the crypto-currency scene.  He was an advocate of the "privatization" of money.  Watch this documentary...

https://www.youtube.com/watch?v=A8bfTjp6Xw0&app=desktop

It's a must for bitcoiners and altcoiners alike.

I agree with your sentiment.  However, why do you use the word "privatization" when pointing out Hayek would have loved to see the introduction and spread of the first global public currencies? 


Title: Re: If only Friedrich Hayek was alive today...
Post by: tokeweed on January 27, 2015, 11:11:40 AM
for lack of a better word of technology breaking down the governments' monopoly on the money printing business.  ;D


Title: Re: If only Friedrich Hayek was alive today...
Post by: daoneway on January 27, 2015, 11:26:35 AM
he would have a lot to say - bitcoin would certainly make him optimistic.


Title: Re: If only Friedrich Hayek was alive today...
Post by: nikona on January 27, 2015, 11:32:29 AM
he would have a lot to say - bitcoin would certainly make him optimistic.

I agree..It is something like bitcoin that he would have liked!