This works if the market is a free market. In 2008, competition in the banking industry was shunted by government intervention. "Capitalism" paused by people "smarter than the market".
I think even normally, this system far from perfect. But to throw out a system that actually has mechanisms for handling this and replacing with one that does not is no improvement
I agree. The insentives and tools of capitalism need some reworking. I think bitcoin is one of the tools that will help enable “Consious Capitalism”.
