| >I don't see how bitcoin can at all be a positive thing on a systemic level when it's primary purpose is financial speculation and scamming I understand this is all opinion on both sides. I would add this opnion risks overlooking, say, Argentinian free-lancers who are paid in crypto because the system surrounding them makes it untenable to use conventional banking. Or the jewler buying precious metals with litecoin to avoid credit card fees. Escaping a failed economic system like refugees in Venezuela receiving crypto remittance definitely seems like a systemic improvement for them. I guess you could call using it for transaction to buy precious metal speculative, but even in that system the actual crypto transaction isn't speculative as it merely acts as a unit of trade to buy an underlying "speculative" investment (personally I don't consider PMs speculative investment but rather store of value that I don't desire the volatility to appreciate or depreciate.) >its primary cost is massive amounts of CO2 So you hate electricity? Join the Amish. >mass murders are financially beneficial to funeral directors But this isn't true. The people killed have to die sometime, their death is assured to the funeral directors. Them living longer just means they're more likely to reproduce and generate a new human who in turn dies someday. Funeral directors are worse off by mass murder. I think this excellent allegory points out your economic short-sightedness. Funeral directors want people to live highly reproductive lives, not short lives. > Of course it can be individually beneficial - mass murders Now we have entered clown world where mass murder is the example given. How many mass murders actually happened specifically and only because of the existance of crypto? The only example even close I'm aware of is Ross Ulbricht's alleged murder plot that was never even prosecuted thus we have no idea if it was true. >advocating for something immoral because it benefits them financially So basically anyone advocating for using dollars? I see crypto like a hammer, it's a tool that can be used morally, immorraly, or merely in a morally neutral fashion. >Which is about all I expect from libertarians, to be fair. Is this supposed to be some sort of ad-hominem attack? >Which is about all I expect from libertarians I have a hard time making sweeping generalizations about morality based on one's political choice. |
I did include the unbanked and productive manufacturing (which you neglected to mention until now - are you a jeweler?) in examples of positive use, in my utility list. But you have to assess a technology based on its overall effect.
> So you hate electricity? Join the Amish.
Totally specious.
> Funeral directors want people to live highly reproductive lives, not short lives.
This is overly reductive. Clearly a short term boost in business is a financial boon for funeral directors, as it would be for any business.
> How many mass murders actually happened specifically and only because of the existance of crypto?
Uh, what? Maybe I should just give up trying to explain my point to you if a simple analogy is beyond your comprehension.
> I see crypto like a hammer, it's a tool that can be used morally, immorraly, or merely in a morally neutral fashion.
You can look at actual use to determine the effect of something. Not many people are using F15s for anything else but killing people, so it's fair to call weapons of war broadly immoral.
> Is this supposed to be some sort of ad-hominem attack?
"greed is good" and "unregulated capitalism is the ideal" are libertarian tenets, so yes, I think it's fair to say that they're selfishly self interested. So you consider yourself a libertarian?
> I have a hard time making sweeping generalizations about morality based on one's political choice.
Given that politics is an expression of values, I really don't. If somebody were to say "I don't like Jews and that's why I'm a nazi" (this is an argument from absurdity, BTW) I could reasonably call them a bad person. They also wouldn't need to say the first part because its implicit in the identification. Libertarianism is fundamentally about "fuck you got mine", which I find to be immoral.