-   Everything Else, eh! (
-   -   Ultimate Libertarian currency system? (

bryanc Jul 11th, 2010 07:20 PM

Ultimate Libertarian currency system?
I'm curious as to the impressions fellow ehMaccians may have of this non-governmental currency system.

In principle, it seems to have solved one of the problems I have always had with extreme Libertarianism, which is that a common currency is important for an efficient economy, and that necessitates a one of the functions of government that to which I've never seen a realistic alternative before.

Macfury Jul 11th, 2010 08:14 PM

A true libertarian system allows currencies to compete with a likely--but not necessary--single winner taking over. Governments tend to kill competitor cash, of which Canada once had plenty. I like the idea of Bitcoin, but not the idea of Bitcoin receiving any form of backing by a government that makes it an "official coin of the realm." It needs to be allowed to compete with other emerging or existing currencies.

All times are GMT -4. The time now is 05:11 PM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0 RC 2
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
Copyright 1999 - 2012, All rights reserved. ehMac is not affiliated with Apple Inc. Mac, iPod, iTunes, iPhone, Apple TV are trademarks of Apple Inc.