cross-posted from: https://lemmy.ml/post/17303063
An enlightening and high quality video on how money and the banking system work, why they are corrupted and what is the solution.
cross-posted from: https://lemmy.ml/post/17303063
An enlightening and high quality video on how money and the banking system work, why they are corrupted and what is the solution.
They are just a crypto shill and a neoliberal. They don’t care for liberation of humans, just for liberation of payments from government. They are a professional investor, I’d say this video is basically anarcho-capitalism in a nutshell. Some of the points they raise are valid, but many are not. For example, not being able to print more money in the government actually removes the ability to control deflation, and if governments can’t print money, that’s basically self-imposed austerity.
if you want to pay somebody on the other side of the world, crypto already lets you do that. There’s no need to hype it up any more than it already is.
Also disingenuous to hype up bitcoin without bringing up the inherent environmental concerns.
One of the biggest misconceptions about bitcoin is that it’s a neoliberal/libertarian thing. Thinking this way only shows lack of understanding. A famous short video from the most respected bitcoin educator will make understand better. https://youtu.be/ywO0r_Fz0lc
I’m not talking about bitcoin I’m talking about the creator of the video. And their talking points are very much libertarian.
Bitcoin educator lmao
Exactly.
Also far, far more often than not, when someone talks about “corrupt banking systems” they’re about two steps away from quoting The Protocols.
It’s all Libertarian/anarcho-captialist pablum, pushed by people who think society was a bad idea