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Read all about it at the above link. There’s way too much to process here. This is going to be wild.
Go look at any crypto bro explain what’s so great about crypto currency. They hate fiat because it’s centralised. They basically say it gives the government too much power, not realising that it is an extension of already existing power and not the source of state power.
They’re mostly libertarian capitalists, and as far as I can tell they don’t understand how power works. It seems like they think currency and laws and capital are magic spells, so if you rip up the laws and replace the currency then you’ve dispelled the evil magic and you have liberated the people of Middle Earth.
That’s why they think crypto will work, and why they say “just get rid of the laws”. When you ask how to do that, they don’t know what you mean, because they literally think “get rid of the laws” is the method.
Your last sentence makes no sense. Why would crypto bros hate fiat currencies? Or do they just hate every other than the one they support?
Go look at any crypto bro explain what’s so great about crypto currency. They hate fiat because it’s centralised. They basically say it gives the government too much power, not realising that it is an extension of already existing power and not the source of state power.
They’re mostly libertarian capitalists, and as far as I can tell they don’t understand how power works. It seems like they think currency and laws and capital are magic spells, so if you rip up the laws and replace the currency then you’ve dispelled the evil magic and you have liberated the people of Middle Earth.
That’s why they think crypto will work, and why they say “just get rid of the laws”. When you ask how to do that, they don’t know what you mean, because they literally think “get rid of the laws” is the method.