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Is Anarchy a Faustian Bargain?

The common perception of Anarchy today appears to be one of chaos and destruction. Without the State, it is proclaimed, violence would immediately ensue; without law, there'd be no deterrent disincentivizing this, and we'd return, in the words of Thomas Hobbes (1660), to an age where "every man is Enemy to every man", and "the life of man, solitary, poor, nasty, brutish, and short." But is this really what by necessity would result from abolishing the State? I've previously forcefully argued against the theoretical foundations of the State (Kløvning, 2019a), and although my premises were not disputed, the conclusion of dismantling the State provoked many consequentialist concerns of what could happen if actualized. The central question that must be answered to address such concerns is whether the substitution of Anarchy for a State would possibly be undesirable despite the former having more of a rigorous and defensible logical foundation than the latt…

Bitcoin's Best Endorsement Yet





The federal government is concerned about the role cryptocurrencies play in the drug trade - just not enough to hand over the bitcoin they confiscated from the Silk Road. They’re concerned about unlawful behavior - but not enough to close down their concentration camps. The dollar’s hegemony is apparently of concern as well - but only after they’ve extracted 98% of it’s value.

Based on the president’s tweet storm below, it’s clear: The federal government is concerned about the subversive effects of cryptocurrencies. Well, no shit. That’s the whole point.


The President's illiterate rambling in it's entirety

For over a century they’ve forced us to use trash as a currency so they can pilfer our livelihoods to make war in distant lands and force dependability on our family, friends and neighbors. It’s been a profitable racket to say the least. Generations of parasitical politicians have successfully relied on a cartelized banking sector to finance re-election schemes in order to retain their delicate grasp on power.


Well, no more.

Despite the president's inclinations, humanity will continue to use bitcoin in order to facilitate non-violent, mutually beneficial exchange at an increasing rate and if governments attempt to censor our transactions, we’ll utilize cryptographic privacy features like CoinJoin or CashShuffle. Those of us who prefer anonymity over pseudonymity will use privacy coins.

And guess what? There isn’t a damn thing any of the leeches who infest the state legislatures, or the halls of Congress, or any Parliament, can do about it.

Oh, btw - while we’re at it, we’re going to tokenize the securities market to destroy FINRA and the SEC. More on that here.

No one can escape the economic consequences of irresponsibility and inefficiency. Eventually, the market catches up to all of us - even the state. It seems that governments around the world are finally waking up to the reality of a privatized, decentralized, and tokenized future.


A future in which they play no part whatsoever.




Comments

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