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Author Topic: Bitcoin as a Form of Anarchy  (Read 797 times)
Carlton Banks
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October 08, 2019, 09:27:57 AM
 #61

@WindFury @Kakmakr

same here

I originally thought "sounds like interesting tech, but obviously can't go far, maybe the banks do something like it?" How naive that was Grin

Vires in numeris
Arsenyo
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October 08, 2019, 10:12:09 AM
 #62

I don't think bitcoin is a form of anarchy, anarchy is incompatible with liberty and it's not about bitcoin. If I choose my own cryptocurrency and investing in something that is risky, it doesn't mean I am against government. We can't say bitcoin is anarchy just because it is another system.

Wind_FURY
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October 11, 2019, 07:48:32 AM
 #63

OP, I like the idealism, but some of us have come here for the money, but stayed for the revolution. Understand the incentives, encourage the greed, then it will lock everyone in. Cool

Exactly, take myself as an example.. I entered Bitcoin because I was looking for a alternative payment option. I was a victim of credit card fraud and I lost a lot of money, so I was looking for a better online payment option.

I found Bitcoin, but the real benefit of Bitcoin became more evident, when I went down the Rabbit hole and realized that there was a huge movement behind this technology to disrupt corrupt Banking practices and to re-invent the whole payment system.  Wink

Every cent that are converted to Satoshis are a step closer to true disruption and also improvement of the old legacy/centralized  payment systems.  Wink


There's also every watt of energy used to "mine" as a hedge/value transformation to research about. What most everyone is saying is "wasteful", might actually be the most revolutionary part of Bitcoin.

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Cityhunter123
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October 11, 2019, 08:17:04 AM
 #64

This is partly true, and by anarchy I mean something positive
teosanru
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October 11, 2019, 08:23:52 AM
 #65

Bitcoin is a form of anarchy in the economic system. The Bitcoin system is designed to do self-rule and be supported by the application of technological advancements so that it looks amazing for mathematicians and technologists. However, according to the anarchism that has been successfully implemented in Spain, everyone must do the task according to their respective roles so that this concept can succeed.

Expecting Bitcoin to be successful is the same as expecting an anarchist social order to be realized. It seems impossible, but in fact, the social order of anarchy can be done with satisfactory results. The anarchic social order that occurred in the Spanish Revolution which lasted for more than two years before General Franco's invasion succeeded in conquering an area controlled by anarchists.

social anarchy which was also supported by economic anarchy in Spain was carried out extremely. One of them, the community supporting anarchism in Spain at that time burned government money. As a result, coupons (and even just trust) can be used to get fruit and vegetables. If you support Bitcoin to succeed only so that you can then get a lot of Dollars, you only pollute the brilliant concept of Bitcoin anarchy.
Haha I really liked the Analogy even though there is no central anarchist in human form involved in this yet Bitcoin can prove to be pain the ass of the national economies around the world. It acts as an infection to traditional economic system in a way that it provides leakages from the supply of money and even helps in money laundering and greatly hampers the power of banks to create more credit. However expecting this anarchy to create a revolution and become the sole dictator of the world economy is something like an imagination or dream. Let's see how this revolution works out.
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