whats up with bitcoin and other crypto currencies?

[split from “Explaining Voluntarism” thread, first response]

We are fast approaching a time technologically when System D will be so accessible that libertarian societies could crop up in moments, and where is the hurrah from libertarians?

Fear and denial aren’t exclusive to statists.

Take cryptocurrency for example. Whatever you think about it, or the theoretical ramifications, it is the single greatest libertarian tool ever invented. It exposes System D in a way that could never be done before. So why isn’t every libertarian and their mother using it?

Because at the end of the day, a true free market is scary. There are no overlords to guide you through the paperwork to assure you that, “You’re doing everything right.”, there’s no illusion of protection from theft or wild changes in consumer preferences. No FDA. No FDIC.

Everything we’ve been calling for. Where’s the cheering? On these forums there’s a fog of phobia surrounding it, and the Austrian Economists proper are as quiet as mice.

It wasn’t what we were expecting. Where’s the gold standard? Where’s our country? Weren’t we suppose to have a collapse before we could have our society? Were our theories wrong…?

Many libertarians are so caught up in the fear that they hope passionately that cryptocurrencies will just cease to exist so that they can get back into their comfort zone and hope that a libertarian society arises in a more “traditional” way.

And if you’re wondering, “What does this have to do with this topic!?”,