A keynesian even owning bitcoins in the first place is paradoxical.
Still, I occasionally see someone arguing for or excusing keynesian policies on bitcointalk forums of all places. What are people smoking these days?
I dunno. I'm as much a Keynesian as anything else I recon, and I own a fair amount of BTC.
I've always felt that something like PM's and Bitcoin are 'barbourous' in terms of their utility in a functional society of any magnitude. Frankly speaking, most people are losers who kinda need a 'distribution of wealth' in order to avoid abject poverty. In a system which operated on a foundation of something solid (and I consider PM's and Bitcoin to be interchangeable in this respect) society would very quickly devolve into a systems of fiefdoms with 'strongmen' controlling as much turf as their cunning allowed.
I don't wish to live in a society as described above which is why I favor more modern forms of monetary systems. OTOH, our current system in the West is on the brink of a breakdown, and in the US at least, it is failing to achieve the kind of wealth distribution needed to sustain the kind of society I'd prefer to live in. Thus, I look out for my own ass first. And thus I dabble in Bitcoin other value stores which have limited counter-party risk.
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