Bitcoin’s Existential Crisis
“If you build a system meant by its very nature to dis-intermediate third parties and exist independent of governments and legal systems, you have an identity problem.” –Nic Carter
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Category: Philosophy
Exit & Freedom
Building on the principles discussed in our exploration of the consequences of a society without cash, we apply it to a broader principle of how the power to exit acts as a check on abuse and centralization. And who better to cover this topic with, than Nick Szabo? Today we read and discuss Szabo’s blog post from 2007 titled, Exit and Freedom.
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The Passion of the Believers
“At the end of the day, everyone has to believe in something; might as well believe in something verifiable and unforgeable.”
– Hass McCook
Bitcoin is a Rally Cry
“It was a plea to all those that valued the fight for liberty and freedom. Outnumbered ten-to-one, Travis responded to a demand for surrender with a cannon shot.” – Parker Lewis
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Ten Million Bitcoiners, The Intransigent Minority
Not too many years from now, the number of Bitcoiners in the United States of America will cross ten million. When we hit that milestone, it’s game over: Bitcoin wins…” – Cory Klippsten
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Bitcoin’s Habitats
“To fully understand any organism, we must not only look at the organism itself, but examine the organism-environment holistically.” – Gigi
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We’re All Default Keynesians Now
“Unless you began your Austrian economic education at birth in some unknown Austrian paradise, on this planet at this particular time in human history, I think we can safely say we’re all Keynesians by default.” – Brady Swenson
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Of Course You Can Own Bitcoins
Can you really own Bitcoins? Or do you merely have possession of keys that grant a high probability of exclusive control?
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