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Richard J Murphy
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Comments by "" (@charliemoore2551) on "People are claiming Bitcoin is the new gold It isn’t" video.
Issuing currency is one of the most important preserves of the state. Provided the state is democratically accountable and those charged with managing currency are competent, this is a recipe for stability and popular accountability. Libertarians hate this because they hate democracy. They consider it to be a tyranny imposed on the individual. That is why they like Bitcoin: It undermines government and gives control to those who hold most of the currency. If that's not a good reason to oppose it, I don't know what is.
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