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deepechain
replied 2240d
White men are people too
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".
White men are people too
replied 2240d
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
deepechain
replied 2240d
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”.