I do get the RATM ethos and the libertarian ideas. I don’t support them but I do get where they are coming from.
Given that, can somebody explain to me how does BC solve any of the things they don’t like? Instead of a faceless bureaucracy, there is now a dynamically complex computer system controlled by God knows whom the inner workings of which are even less transparent to a layman than those of the us monetary system. How exactly is this better? Don’t tell me it being “open source” solves anything. BC is an emergent function of a large network of thes open source nodes depending on policy and configuration for much of its functionality instead of the specific math which, as all crypto, relies on people not advancing too fast and people can only hope is properly implemented.
Given that, can somebody explain to me how does BC solve any of the things they don’t like? Instead of a faceless bureaucracy, there is now a dynamically complex computer system controlled by God knows whom the inner workings of which are even less transparent to a layman than those of the us monetary system. How exactly is this better? Don’t tell me it being “open source” solves anything. BC is an emergent function of a large network of thes open source nodes depending on policy and configuration for much of its functionality instead of the specific math which, as all crypto, relies on people not advancing too fast and people can only hope is properly implemented.