Tuesday, December 22, 2020

Bitcoin: Currency of the future or a gateway to destruction?


Bitcoin: Decentralized Digital Currency of the future, is it sustainable? 

There is a lot of conversation about becoming a cashless society, technology has evolved so much in the last 40 years that there are about replacing cash with digital currency Bitcon. What is Bitcoin? Bitcoin is a cryptocurrency that is used as a form of payment which is the same as cash but is also an asset that people use to invest and sell and accumulate wealth. For many Fiscally Libertarians this is a dream come true because it eliminates the banks which functions as a third party between people, Bitcoin isn't regulated by any government entity and people can keep whatever profit they receive from transactions. There are pros and cons, the pros are people can maximize profits, buying and selling in high amounts and 100% autonomy meaning the person cannot be traced, the cons, since it cannot be traced you don't know whom you're dealing with, there is no regulation and if you lose money FDIC doesn't apply because Bitcoin isn't covered under the FDIC rules. 


Bitcoin is violate meaning it can go up or down at any given time so it isn't a 100% stable, is it sustainable? If our society becomes completely cashless we aren't protected by laws that are meant to protect people from financial crimes or from money laundering, fraud, grand larceny and Ponzi schemes because there is no monitary oversight. I believe Bitcoin can used as another source of payment and assets but not as unregulated system there needs to be regulation and taxes and oversight because when there is no accountability it opens a doorway to the criminal underworld whom the majority are Bitcoin users especially on the Dark Web which is a very scary evil place.

Sunday, December 20, 2020

Libertarianism and Psychopathy


Libertarianism and Psychopathy; The common denominator. 


In a capitalist society or system people are pressured to make money and consume everything there is to comform to society's standard of happiness and satisfaction. Where does Libertarianism fit in this instance? For example Libertarianism gives the illusion of self reliance and being non-interventionist; I;e small government, deregulation, demantling government and abolishing taxes, this may seem like a wonderful concept but in reality it's extremely dangerous. Libertarianism lacks empathy, compassion, morals, ethical values and reinforces greed. Libertarians believe that everything should be decriminalized, they believe the age of consent should be abolished, they believe there shouldn't be civil rights laws, they don't believe in protecting the environment, workers, children, people etc, it's very selfish, self-centered, arrogant, conceited and it's unsustainable. 


Criminals, Murderers, Pedophiles, Drug Cartels and people with mental Illness and personality disorders are attracted to Libertarianism because it exempts them from accountability and personal responsibility believing they are their own god whom they can make their own rules without any consequences for their actions prime examples are John McAfee, Jeffery Epstein, Donald Trump, Ghalisine Maxwell, Harvey Weinstein, Koch Brothers to name a few. 


As imperfect as government is you need some form of regulation and rules in order to prevent anarchy and crony capitalism like we have today in many parts of America and other parts of the world. Libertarianism shares similarities between Conservative and Liberal ideals except that Libertarians don't care about social issues and they believe in maximizing their profits by any means no matter how unethical or immoral it may be. Most Libertarians I've met in my lifetime seem to share many mental Illnesses, personality disorders, grandiosity complex, complete disregard for others and wanting to be their own god or having authoritarian leanings. That's why I tend to shun or not associate with Libertarians because many not all share many characteristics of psychopath/sociopaths.