1. user presents opposing side, does a good job
2. topic starter says his argument is invalid because he is the opposition

Utter bullshit.

Libertarianism is a set of formulas that work great in the minds of (sheltered) geeks, but when it comes to reality... there's this easily observable gradient... and it's easy to see that the societies that do best (by far) are socialist democracies and the ones that do worst are the ones with the most "Libertarian" approach to managing society.

The reason the democracy you're living in is corrupted is because corporate money has gotten into campaign financing. These same corporations have spent fucking billions on a 30 year propaganda war... and created this mini-army of warped ideologues convinced (in their minds) that the path to freedom is by getting rid of all corporate regulation and letting corporations run society. The reason that the US now has as many people in prison as the soviets did in the Gulag era is not because you have democracy, it's because you are losing it. 

Just because it works in your mind, doesn't mean it works.

Ever noticed that The Austrian school is willfully, by definition, empirical-evidence-agnostic? Think that there might be a reason for that? It's because it only works in theory.

Democracy is not "Cheap", people died for it... and are still dying for it (all over the middle-east) now. In the 20th Century, non-democratic governments rounded up and murdered 160 million of their own people. And you sit there in the comfort of the freedom that has been provided to you by the blood of of those that went before, and theorise that some system where people with the most money have the most power might be best.

The purpose of democracy is to provide a democratically accountable means of controlling a monopoly on violence. Anything else is a type of protection-racket. Anyone who thinks that they can dispense with this just isn't thinking. We've seen what happens when societies fall apart - local protection rackets spring up. What are you going to do when a local gang moves into your house? Ostracise them?

Shoot at them? Organise a rival gang?

I can't believe the stupidity... the ignorance, of people who look at the plutocracy that they've found themselves in and decide "democracy isn't working. What we need is a system where there are no constraints on capital".


Oh, and by the way,

"Responsibility" is not "looking after yourself". Only fucking children think this. "Personal-Responsibility" is an infantile concept.

I think it did some time last night

There's huge media attention from Germany going on.

the problem is it never becomes negative EV to buy back in. Essentially, after you are booted, it is always rational to buy back in. Which means that the two people with the deepest bankroll will always be doing an expensive coinflip at the end with everyone else just suckers on the way.

Could make it more interesting by adding some probability on each round that someone gets declared a winner with no further buy-ins possible. ie- an 80% chance someone will get eliminated and game will continue as usual, a 20% chance that someone in the game will scoop the pot. So if there are 4 people playing there is an 80% chance one will get eliminated and a 5% for each of them that they will be declared the outright winner that round.

Somebody, please write to Vatican library to convince them to accept bitcoin donations.
I Don't know English language enough to do this myself.

Alaska obviously. Open carry, legal marijuana, and very few laws which infringe on civil rights are a few factors that make Alaska the most libertarian state.

NH is slowly growing because of the FSP and other movements. The state house is definitely the most libertarian legal body in the country.

It gets on my nerves whenever this otherwise excellent project is (rightfully) seen as a gambling speculation rather than as a medium of exchange. Apparently the folks opposing my anti-deflationary proposal, who are the majority, think it's a nice game where you can double your money within 24 hours and run away. Sigh

Many US states are libertarian in different ways.  The Free State Project's research is a good starting point.  Just remember that one of their criteria was that they were looking for a small state that could be influenced by an influx of people.  Texas, for instance, is libertarian in a lot of ways.  Michael Badnarik and Ron Paul, Libertarian Party presidential candidates, are from Texas.  But Texas would never be considered ripe for libertarian take-over.

It's nice to finally see the faces behind the answer to the question of "Who on earth would still buy at these prices?" 

What happens when the Bitcoin  prices are too high and more Miners come online?
Why I ask this?
Demand Destruction happens when the price for a stocks, commodities, Homes etc. becomes so high that
the average person cannot afford it. BTC "$17.00, $30.00, $50.00 $100.00".
 Bitcoin Miners are always coming online and adding BTC to the market causing a gult.
At what price will a flood of sell order go in trapping traders and their stockpile of Bitcoin?
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KT