2012-12-19 dailyreckoning - The Free Market’s Exciting and Creative Workarounds

[David M]

http://www.dailyreckoning.com.au/the-free-markets-exciting-and-creative-workarounds/2012/12/19/

As we know, gold and, to a lesser extent, silver, serve as a historical counterbalance to central banker arrogance...the supply of which is far from limited. Ironically, it is owing to that arrogance that the demand for alternative, para-state currencies remains robust. Perhaps now so more than ever.

Enter, Bitcoin.

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[Roger_Murdock]

I liked this bit:

At the first Rancho Santana Sessions conference, I urged people to give up on revolutions...be they Tea Party, Occupy or other. Give up on writing your congressman. Give up on pushing for change at the ballot box.

Many a good and noble individual went to his grave having wasted valuable time and energy attempting to 'throw the bums out'. As we know, when it comes to politics, the asshole supply is virtually without limit.

What we need is not a revolution which, by definition, only brings us back to our point of origin. (It's why they say 'history repeats'.) What we need is an evolution...a way to think beyond the false dichotomy offered by the Robamas and the Obamneys of the world.

It reminds me of this video of a TEDx talk by Lasse Birk Olesen.  The theme of that talk was about how "technological innovation" was more important in advancing liberty than "political agitation."

https://bitcointalk.org/index.php?topic=113022.msg1222943#msg1222943

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Article author Joel Bowman was interviewed yesterday on Capital Account, Bitcoin starts around 11:50 mark:

http://www.youtube.com/watch?v=k9fwA4L8Fek