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Bitcoin and Crypto and DeFi and Sometimes Ayn Rand It looks like Bitcoin and Crypto are not well understood in O-Land. We have discussed this in a few different threads, especially this one: Why Don't Objectivists Seem to Care about Cryptocurrency?, and I think it deserves its own thread. So here are a few comments from elsewhere on OL, then we are off to the races. And this to get a philosophical foundation: This was funny and it deserves to be repeated. Just to mention NFT: That is enough to get the ball rolling. I've been doing a dive into this and, even though I am essentially a beginner, I have come across some fascinating things that are worth sharing within the O-Land frame. At the very least, I will try to have this thread provide a kind of overview education on parts and the whole of this new technology. Sharing as I learn kind of thing... I hope this thread will not get boring with overkill on minutia. I will do my best on my end to avoid that. Please chime in if this interests you. Michael
Deadly Crypto A proponent of cryptocurrencies and blockchain was just murdered in Acapulco. His name was John Galton, which is a riff off John Galt. The story, pictures and photos at the links below. Daily Mail: Murder in 'Anarchapulco': Girlfriend posts terrifying video after American anarchist, marijuana-activist, bitcoin-trader partner is shot dead by gunmen in their enclave in violence-ridden Mexico tourist resort and CoinSpice: Acapulco Cryptosphere Shaken by Murder of John Galton, ‘Anarchaforko’ Founder It's too early to know why this happened, and, obviously, you can't trust anything coming from the mainstream press, but one thing is clear. Whatever this guy was into, it was serious enough to get him murdered. At the time of this posting, in the comments to articles and videos online, there are some really nasty creeps celebrating this guy's murder. So if you are hanging around the crypto and anarchism world, be careful. And don't trust anyone for a while. btw - I had planned to dive headfirst into the crypto and blockchain wave. I got really interested after reading Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy by George Gilder. The book touched on the Acapulco anarchism and crypto events. After the news of this murder, I am even more resolved than ever to go in that direction. The powers that be are terrified of blockchain, especially since--so far--this technology can't be controlled by gatekeepers or falsified when used as as a wide resource. And it runs both money and information. Imagine being an elitist ruling class asshole and not being able to manipulate money and information through falsification. I would be terrified, too, if I were one of them. Michael