Silk Road 2 Hacked, All Bitcoins Stolen • Hacker News Board

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#551

Post by res0nat0r » Sat, Feb 15, 2014, 12:05 AM UTC

baddox wrote: post #540

res0nat0r wrote: post #441

Earlier quoted context omitted.

Any examples of countries worth moving to that have these alternatives? Or is this really just a pipe dream?

Do you have any examples of countries where there is no murder? Would you prefer to live in a country with no murder? You're claiming that no improvements can be made to a society that haven't already been tried in some other society. This is an absurd claim.

> Do you have any examples of countries where there is no murder?

No, because there aren't any.

I'm asking for actual evidence that there is a current place where this libertarian ideal exists, and is better than the government we already have in place here in the USA. If you don't have any examples then it is still just internet fantasy talk and not of much use.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#552

Post by dreamfactory2 » Sat, Feb 15, 2014, 3:57 AM UTC

baddox wrote: post #430

dreamfactory2 wrote: post #392

Earlier quoted context omitted.

It's notable that a role of government is to regulate against monopolies. There is no such thing as natural market equilibrium (which is an underlying false assumption you see a lot) and this is a reason you need external governance for a healthy functioning market. You can argue over quality and whether interests are fairly protected but that's a different question. Also worth considering the history of firefighting…

You're suggesting that the possibility of market failures justifies government power. Unfortunately, government is also vulnerable to market failures, and I don't know of any argument for why government's market failures (also known as "government failures") would be less common or harmful than market failures.

I'm not suggesting the possibility of market failures without government but the inevitability of them, as can be trivially observed by the existence of monopoly regulation. It's strikingly naive to think there is an equivalence between the market and a democratic government - the key difference being one person one vote.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#553

Post by woodchuck64 » Sat, Feb 15, 2014, 7:27 PM UTC

baddox wrote: post #428

woodchuck64 wrote: post #353

Earlier quoted context omitted.

Law enforcement is ultimately a license to use violence. Having multiple coalitions or companies selling violence as a product seems like a recipe for a truly nightmarish society.

Multiple coalitions competing for customer dollars will lead to more economically efficient distribution of violence, just like if you replace "violence" with anything else like "bread" or "automobiles."

A state without a monopoly on laws and law enforcement means there is no one to enforce contracts, prevent corporate monopolies, define conflict of interest, right the injustices of the poor, etc. That's basically anarchism which leads to feudalistic society with the wealthy at the top. Feudalism has been tried for centuries and it just doesn't work as well as a state with a monopoly on laws and law enforcement.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#554

Post by dispense » Wed, Feb 19, 2014, 6:43 PM UTC

robzyb wrote: post #379

dispense wrote: post #201

Earlier quoted context omitted.

Social engineering applies to pretty much everything. It has nothing to do with Bitcoin (or whatever else a social engineer wants from you) and everything with your own lack of due diligence and gullibility.

I agree entirely - and that is the reason that one shouldn't say "It is perfectly possible to secure a bitcoin one owns."

Semantics. Obviously, theoretically, everybody can be fooled. The common sense definition of secure is not "secure with zero possibility of the security being broken". Storing diamonds in a safe at the bank is secure. Printing your private key and storing it at the bank is not any less secure than storing diamonds there.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#555

Post by rodgerd » Thu, Feb 20, 2014, 2:01 AM UTC

3pt14159 wrote: post #527

rodgerd wrote: post #409

Earlier quoted context omitted.

Libertarians, however, seem mongst the quickest to head straight to the No True Scotsman fallacy.

Because we actually believe in something. Most conservatives and liberals don't have a consistent moral philosophy so there is no point debating them.

An ever shifting mire of something which varies from libertarian to libertarian, all insisting the other isn't the real libertarian.