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Topic: Penn & Teller : Bullshit! Bitcoin - btc foundation : non-political economy??? (Read 1962 times)

legendary
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newbie
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We are determined to keep Bitcoin rooted in its core principles: non-political economy, openness and independence. While we aim to advance standards and security, we remain strong advocates of the liberating power of decentralized money.

If you can't see the underlying implications of this statement as on the front page of the bitcoin foundations [website](https://bitcoinfoundation.org/about/why) you might be an engineer. If you really think about it and then do not see anything wrong with it, you might have voted for W.

Politics is 'who gets what where, when and how', there is nothing as misleading as suggesting taking the politics out of something to fix it. It's this festering idea especially in the United States and to a lesser extent in the United Kingdom, that regulation leads to bureaucracy and that kills everybody. This bureaucracy is the logical outcome of 'politics'.

The liberating power of money (decentralized or whatever)  Huh  how is that going to liberate well at least something close to a significant number of the populace (forget us frapuccino slurping yuppies for a moment.) I presume these claims are made for the benefit of all, not just the initiators of the foundation - which are in turn self-proclaimed strong advocates - and being an advocate that has never anything to do with politics either.

'Freedom' is the our western culture what Enjoy is to Coca-Cola. Empty hollow phrasology that doesn't mean anything.

The bitcoin foundation is an interest group in civil society with very strong and clear political ideas (ie. money should not be regulated by a form of consensus/democracy, but must be made by a machine that nobody can fiddle with). That can be your conviction, but it is politics.

Penn and Teller could do a good one about this. "Basically here you have a currency that became popular because it allows you to do all kinds of illegal things and get paid for it while you stay completely or somewhat anonymous, and this is going to save the world... and it is completely politics free... that suonds like a lot of... right, bullshit"
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