> I list [the lack of wealth redistribution] as a con because I think most people view it as one, but it’s not clear that it is one.
It is widely clear that its a con, especially in the advent of the current forces in the world. Global warming has made some places on the planet impossible to live on without wealth redistribution and technology gains largely go to the extremely talented or the extremely wealthy.
Furthermore "controlling your own wealth" is basically translatable to "doing whatever you want with stuff" which is so clearly a bad idea. Can I "control my wealth" towards bribing a politician? Can I "control my wealth" by burning a bunch of methane on a boat in the middle of the atlantic?
Property / wealth is an important institution for many reasons, and crypto-currencies should be tolerated for now, but if the world starts to show signs of regular kidnappings for BTC ransoms then we should use political action to put an end to the anonymity or lack of state control that they provide.
> I list [the lack of wealth redistribution] as a con because I think most people view it as one, but it’s not clear that it is one.
It is widely clear that its a con, especially in the advent of the current forces in the world. Global warming has made some places on the planet impossible to live on without wealth redistribution and technology gains largely go to the extremely talented or the extremely wealthy.
Furthermore "controlling your own wealth" is basically translatable to "doing whatever you want with stuff" which is so clearly a bad idea. Can I "control my wealth" towards bribing a politician? Can I "control my wealth" by burning a bunch of methane on a boat in the middle of the atlantic?
Property / wealth is an important institution for many reasons, and crypto-currencies should be tolerated for now, but if the world starts to show signs of regular kidnappings for BTC ransoms then we should use political action to put an end to the anonymity or lack of state control that they provide.