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RE: Roger Ver Interview

in #bitcoin7 years ago (edited)

It is good for investors, bad if you hold onto libertarian politics. I'm a libertarian, but libertarians / anarchists / ect, we live in a world where most people will never be those things. Our idealism can not get in the way of understanding the behaviors of other people, who are going to favor structures that innovate faster, manage better, and so on.

Libertarian idealism will not move prices higher, buying does that. And the people best positioned to buy are the rich, who largely are not libertarian.

And if we are concerned about future regs, then the game changes. But in investing, you only become concerned when it is about to happen, not supposing it will happen when we have evidence to the opposite, that the government is not moving in that direction.

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Well, with the rising tide of discontent with governments around the world, maybe more people are shifting their ideological compass towards the libertarian end. Interesting times we live in.