1) money must come from the state (because I say so)
2) bitcoin is bad because it appeals to "right wing" people and I'm (presumably) left wing (my enemy's friend is my enemy?)
3) free markets caused the financial crisis (not massive gov money printing and trillions in implicit backing of credit markets) so free market money must also be bad
4) the value of bitcoin disappears if people loose trust but this could never happen to a gov currency (even though it happens several times a year with fiat currencies around the world)
5) fiat is fine so we don't need a replacement (as long as we ignore the trillions in debt transfer from the bankrupt banks to the bankrupt governments)
1) money must come from the state (because I say so)
2) bitcoin is bad because it appeals to "right wing" people and I'm (presumably) left wing (my enemy's friend is my enemy?)
3) free markets caused the financial crisis (not massive gov money printing and trillions in implicit backing of credit markets) so free market money must also be bad
4) the value of bitcoin disappears if people loose trust but this could never happen to a gov currency (even though it happens several times a year with fiat currencies around the world)
5) fiat is fine so we don't need a replacement (as long as we ignore the trillions in debt transfer from the bankrupt banks to the bankrupt governments)