Post 567346 by simon_brooke@social.yyy.scot
(DIR) More posts by simon_brooke@social.yyy.scot
(DIR) Post #567281 by simon_brooke@social.yyy.scot
2018-10-16T09:28:44Z
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This is bonkers: "Blockchain fundamentalists’ ideal world is one in which all economic activity and human interactions are subject to anarchist or libertarian decentralisation".Blockchain is predicated on property rights. >>>https://amp.theguardian.com/technology/2018/oct/15/blockchain-democracy-decentralisation-bitcoin-price-cryptocurrencies?__twitter_impression=true
(DIR) Post #567346 by simon_brooke@social.yyy.scot
2018-10-16T09:34:20Z
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The right to property is, in essence, the right to hoard: the right to deny food to the hungry, land to the landless, shelter to the homeless, all while holding surplus yourself. >>>
(DIR) Post #567382 by simon_brooke@social.yyy.scot
2018-10-16T09:38:02Z
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In a society of free equals, who would enforce such rights? Obviously, no one. Without state oppression, there can be no property. A libertarian society needs no #Bitcoin; it needs no money. It is self-evidently a society in which everything, including both surplus and want, is shared.
(DIR) Post #567445 by simon_brooke@social.yyy.scot
2018-10-16T09:48:51Z
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This is wrong, too: "There is no good reason why such proprietary and highly valuable information should be recorded publicly"There is. It would wipe out corruption. But blockchain isn't needed, only transparency.https://amp.theguardian.com/technology/2018/oct/15/blockchain-democracy-decentralisation-bitcoin-price-cryptocurrencies?__twitter_impression=true