Libertarians are not against parks, schools, libraries, defense, quality control, etc.
Libertarians to different degrees are against the state providing them through tax funding.
Libertarians are also skeptical that the state can run any of these things effectively which can be illustrated by endless examples of the state providing something versus non-state actors. (Google when government provided cellphones)
You can have schools, parks and libraries that are open to the public without them having them to be run by the state or funded by taxation. We can find creative ways to provide these services (user fees with sliding scales, subscriptions, bundling, sponsorships, donations of land/resources/Money, tokenization) for everyone’s use that are lower cost and better run, it just requires experimentation and imagination.
That’s what libertarians want, not to eliminate the ability for services and goods people want to be provided but to take it out of the realm of the state so individuals and communities can discover better ways to fund and run them that involve their buy-in, their consent.
Libertarians want the accountability, the efficiency and value that consent brings to all aspect of our lives where we let it.
A lot of people like to make jokes about crypto kitties but when you look at what they did, it’s quite genius.
Essentially what they did is create a standard for non-fungible token issuances. (The Kitties)
So many of these kitties where issued in the ICO and the only way to make more is to breed male and female tokens. (Different cats look different so you have to find out who owns the male and female versions of your favorite kittens and pay them to breed their kittens)
Essentially you have people breeding digital cats for a handsome profit. This totally nailed people’s desire to collect things. I hope Nintendo does something similar with Pokémon where you can actually transfer them into the game.
Can you imagine kids breeding their own cryptomon and doing battles. (It works this way now but if your game gets erased you lose your Pokémon now they’d exist forever on the Blockchain)
Not every new technology brings has to make our lives productive sometimes it just enhances or creates new methods of leisure.
Buying crypto should be done not only for investment purposes but as a libertarian in principle.
Why? When you buy and hold crypto and its price rises it creates an incentives for developers to develop and discover new applications of the technology. This decentralized tech will prove to be a godsend when the burden of government taxation and regulation makes it impossible to make living or run traditional centralized enterprises.
Supporting crypto matters because the hope that people can freely exchange and do commerce with each other Matters.
So many of you have been talking about Jeff Sessions opening the door on clamping down on States that have legalized marijuana. This goes to show you the problem with expecting the central government to have too much executive power. (The left, are you listening?)
So let’s first reiterate the problem with the drug war:
– It creates black market demand strengthening the revenue streams of organized crime which brings violence domestic and abroad in the form of street gangs, drug cartels, and terrorist organizations.
– It makes overdoses more likely as black market drugs have very little quality control resulting in people taking drugs with ingredients they didn’t anticipate.
– Addicts are less likely to look for assistance due to social stigma of making it a criminal issue.
– More addicts, since black market dealers will use more unethical and aggressive sales tactics than would transparent open markets due to social pressure.
Point is the drug war is a mess that’s filling up our prisons and costing the taxpayer in actual enforcement costs and loss productivity in jailing a large portion of the population. Sessions compounds this problem by empowering Federal government power over state power.
Governments not only spend a lot of resources but often spend them poorly distorting the economy overall (poor incentive structures). Since Federal Government can run almost endless deficits their incentives are especially poor leading to almost no substantive attempt to optimize use of funds. Essentially, empowering the feds to fight a useless drug war also allows the federal government to take a bigger role in distorting the economy.
In summary, Jeff Sessions is a douche.
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I personally think Platform blockchains have the brightest future as they have endless use cases.
Here is a list of the ones I’m aware of, please add more in the comments.
– Ethereum Classic
– Omni Protocol
– Ethereum Classic
5 things to look for that would make a Crypto Asset more adoptable:
– Easy to use mobile app allowing you to trade, send, receive (Check out the WAVES mobile app as an example)
– Interoperable Blockchains (Komodo Platform and Lamden both seem to be working on this)
– Pre-Paid Cards that can be bought in retail (Seems like Bitbean has rolled Resources to make it easier to us in a retail setting)
– Easy to buy with USD (yes I’m aware of regulatory hurdles it takes to make that happen)
– Lite clients that don’t always require that minimal user to download the entire Blockchain. (Check out the WAVES Lite client chrome extension)
The Crypto Asset with the 4th highest market cap is Ripple (XRP). There is a lot of controversy around Ripple so here are the facts.
– XRP the Cryptocurrency is a decentralized currency
– Ripple the company is a company whose business is to promote the adoption of Ripple for institutional payments. (Payments between banks, governments, etc.)
– The Ripple ledger can keep track of other exchanges other than exchanges of XRP, this has been where a lot of institutional adoption has occurred.
– The Ripple company does hold the vast majority of Ripple at 55 Billion which they have locked away via escrow features of the XRP ledger. 1 Billion is unlocked each month for 55 months then it relocks. This is mainly to pay for the operation of the company and liquidity providers.
– Like Bitshares and Lumens Ripple’s main use is for its fast cheap transactions.
I highly recommend Libertarians watch through the 7 episodes of, “The North Pole”. An amusing web series about Oakland natives dealing with gentrification.
Now as a Libertarian and an economics junkie my first impulse was to explain the economic reasons gentrification happens. Explain how government policies making it harder for natives to thrive and how in light of governments destruction of economic mobility gentrification doesn’t present a necessarily bad outcome for natives. (Offering long time property owners capital to look for greener pastures)
I’d recommend to hold back that impulse for a moment and appreciate how the show shows the emotional and cultural challenges that Gentrification brings. Why should we care? The economic reality hasn’t changed, but understanding the personal experience gives us the empathy to talk about the broader trends in a way people will listen.