I have often wondered if bitcoin and crypto-currencies will destroy
free-market capitalism, I know they will destroy state capitalism.
On Sun, Sep 21, 2014 at 10:51 PM, Wayne DePrince Jr. <waynedpj@???>
wrote:
> On ven, 2014-09-19 at 01:18 +0200, caedes wrote:
>
> Reddit just posted:
> https://www.reddit.com/r/Bitcoin/comments/2gt24e/occupying_the_money_system_enric_duran_and_p2p/
>
> I will be helping out with technical infrastructure + programming. The
> goal is we can make this into the first DACoop (decentralized autonomous
> cooperative), stock is cryptocurrency, can be linked to new kind of
> social currency based on decentralized infrastructure and backed by
> crypto, not fiat (unlike other social currencies). To do so there is a
> long road ahead but it's coming and we can also leverage all theory
> built on the concept of DAC/DAO.
>
> The plan is audacious, but lays the path for social organizations layed
> on top of cryptocurrency, with an actual plan so after banks and state
> go down we will have some social structure,
>
>
> i am for positive change (including the fall of
> banks/state/corporations), and i pose this question with all humility and
> no snarkiness intended, as i meditate on it often and am curious as to
> people's opinions:
>
> assuming that banks/states/corporations go down as discussed above, on
> what infrastructure will cryptocurrency (and thus the social organization
> you hope to layer on top of it) exist, given that this modern capitalist
> global society (made up of said banks/states/corporations) is what seems to
> make the Internet, electrical grids, modern technology, and thus
> cryptocurrencies possible? heck, even this email and the chance to pose
> this question to you all depends on it!
>
> peace, w
>
>
> the moment is now since the
> world is on fire and no way back.
>
> All feedback is welcome.
>
> cheers!
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