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re: 40% of Bitcoin Exchanges Fail; only 30% of those refund your Bitcoins...
Posted on 4/29/13 at 6:23 pm to WikiTiger
Posted on 4/29/13 at 6:23 pm to WikiTiger
quote:The problem is there will always be scarcity of some resources on at least a local level. The people facing scarcity will resort to means other than markets to solve the problems of scarcity.
My vision of a world without government would ideally be developed gradually over time as technology and resource abundance allows for less dependence on government, where the power of government would gradually dissipate so as not to cause any mass panics.
Posted on 4/29/13 at 6:28 pm to Poodlebrain
quote:
The people facing scarcity will resort to means other than markets to solve the problems of scarcity.
This is bullshite.
It's more like
When access to markets is limited, people will resort to dealing with scarcity in more violent and aggressive ways.
People don't naturally beat and steal from each other for resources, they do it when there are not ways to mutually benefit.
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