returning to the mean

A true value

the competition between cryptos is a good thing

We need fake money like debt to keep going

t. John Maynard Keynes

To wage wars etc. Its been that way since before banking.

Because its part of the competition aspect

With a free market, lending will most definitely be allowed, with no regulation, and working with a system that has a solid value base will keep that lending from reaching a capacity that is immeasurable, unless you are completely reckless.

And if you're reckless in any way, you'll crash and burn

Isnt that your issue with whats going on now?

Bussinesses dont have to takr the loans that they did in the 2008 chrash

What you mean?

Yet to stay conpetitive they must

The financial bubble we are in now has been completly voluntary

With the fed distorting rates? It was only voluntary inasmuch it people were responding to incentives

^

You got me there

Well in any case im merely playing devils advocate. I believe there needs to be less regulations in some areas but more in others.

There needs to be no regulations

It would be completely voluntary if there wasn't any sort of loaning between the feds or the treasury, and if that held no weight on the value of the dollar.

^

We would need a complete reset for that

Yes we would. A reset of minds as well.

To quote my boy Ronny Paul, end the fed

Hence my above statement on how anarchy cannot be realized in our society today.

Kill the fed, kill regulations, and let things go their way, it will be painful at first, but quitting drugs and addictions is painful at first and wonderful once life begins to get in order

But we could do without the fed for sure.

Well i can agree with you guys there

But social darwinism is a bitch

Bro, most interactions you have on a day to day basis are completely voluntary, anarchic if you will

It's not so much social darwinism as much as it is a shift in incentives

I mean people who are dependent on others to survive

Most people are dependent on the state to survive

It becomes involuntary and becomes the will of more singular form

Even without the statr

Aed have oligarchies in a true free market

People dont wanna be free, they cant handle it. Literally

YEs, but those oligarchies would than be decentralized.

And I completely concur with the idea that people can't handle being free.

They need someone to tell them how to live.

And they would only last while someone doesn't do a better job at providing the same service they do more cheaply