Now you can pay your McMansion with McDollars and help bring about the next subprime mortgage crisis.

  • Tiger666@lemmy.ca
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    8 days ago

    How is that different from using dollars?

    Capitalists are already doing this with dollars and other forms of currency. Crypto is just one more scam just like money.

    • bacon_pdp@lemmy.world
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      8 days ago

      One of the actual valid reasons for a government is the regulation of a standard currency established via political policy and regulated by the rule of law.

      Wildcat currencies only harm the most vulnerable and benefit the most wealthy.

      • Tiger666@lemmy.ca
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        8 days ago

        “One of the actual valid reasons for a government is the regulation of a standard currency established via political policy and regulated by the rule of law”.

        Said the libertarian

        Do you not see the contradiction of your political beliefs?

        Anarcho-capitalism is not an actual political ideology. It is a contradiction of two ideologies.

        AYN RAND WAS A FRAUD.

        • phutatorius@lemmy.zip
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          7 days ago

          AYN RAND WAS A FRAUD.

          That implies she was deliberately deceptive. She was a crank, who believed her own bullshit, until it became inconvenient to do so.

          And, despite libertarians’ efforts to hijack it, state-managed currency has bugger-all to do with their defective, half-baked theories.

        • bacon_pdp@lemmy.world
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          8 days ago

          Library-socialist actually.

          Odd that you think that a standard medium of exchange in a resource bound economy is a libertarian idea given that it predates capitalism and liberalism by more than a millennium.