Yes. The technology is sound and it works. All of the problems which currently exist with crypto are engineering problems, and they will all be solved over time. Bitcoin is only 13 years old, and the total market cap of crypto is already 2.5 trillion dollars.
Like it or not, states are the biggest of the "big time criminal organizations". You only have a certain amount of time to work during your life in order to provide for yourself and your family, and filthy governments confiscate anywhere from 30 to 50 percent of what people earn, thereby stealing 30 to 50 percent of their working lives. Crypto will allow people to work for each other without the government being able to tax that income. It will allow people to buy and sell items without paying sales taxes. It will prevent governments from taxing people via inflation.
It is extremely important for states to tax you a thousand different ways in order to conceal the true amount you are being robbed.
State backing is worthless. All it means is the government's ability to continue to increase taxes as it devalues its own currency. State backing does not prevent a state from printing as much money as it wants.
A big L libertarian is defined as a member of the Libertarian Party. They are classic liberals, not anarchists.
Yes, people do suck. They are all greedy, self-interested assholes who are only out for themselves. That's why giving a relatively tiny group of them power over everybody else is such a terrible idea.
But wait, it gets worse. Not everyone sucks equally. Wouldn't it be nice if only those who suck the least were attracted to political power?
From Frank Knight Quotes: The probability of the people in power being individuals who would dislike the possession and exercise of power is on a level with...
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