Not only does the author show very little understanding of Bitcoin he also shows very little understanding of the operations of central banks and also of communism. Suffice to say to say that the current manipulation of the money supply presumably for the public good by central banks with the blessing of the state has way much in common with communism than a currency who value is solely set by the market.
Central planning is at the core of communism and so is at the core of the operations of central banks.
Central planning is at the core of communism and so is at the core of the operations of central banks.
Yes it is. The form of utopia is sold as the answer but it is never discussed who will run this system and how decisions will be made.
