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by cwaniak2 4446 days ago
No it doesn't. It would stand if Microsoft, Google, IBM, transistor, Apple, etc, etc were all from socialist (regulated economies) Europe and not capitalistic (economic freedom) US. If the system in Europe is so full of freedoms why people are not so creative there? Because they aren't. Whatever it is from IT to movies, from cinema to healthcare, most of the innovation always comes from the US. You tell me why.
1 comments

It probably has to do more with being open to immigration and innovation than being ruthlessly capitalistic that the US has been able to maintain its competitive edge.

Immigrating to the US has become harder over the years and "regulators" are against potentially disruptive technologies like Bitcoin while countries like Denmark are trying to embrace those kinds of technologies.

It remains to be seen if the USA can maintain its position going forward. In any case it's tough times ahead for many highly privileged economies. I'm from Austria and the disconnect between what used to be and the current realities is often huge. I guess the most important thing is to not get blinded by your own success, then you survive and possibly even thrive.

http://www.reddit.com/r/Bitcoin/comments/23og0b/danish_polit...