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RE: Robert Kiyosaki - How Our Monetary System Enslave Us & Why You Shouldn't Pay Taxes (FULL INTERVIEW)
Blockchain has the potential to make real anarcho capitalism where everyone gets paid fairly for their service and no one have special privileges thought corrupt fiat money banking.
Indeed, fractional reserve banking is one of the most corrupt and enslaving systems I know of. It seems blockchains can be the way to break free from debt slavery. It can start changing the way we think about solving problems in so many realms. A platform where all humans are accepted and appreciated for what they bring to the community!
Capitalism is not about paying people fairly. You treat blockchains like they are jesus.
The problem with the fiat money system was/is that it is controlled by the "crazy evil elite", so with that money system we have corrupt capitalism, that is not a free market!!
With crypto currencies we can finally get real anarcho capitalism, with true free markets, where people will be paid the right price for their service and no special class will get unlimited fiat money from a corrupt banking system.
Blockchains do nothing to ensure people are paid fairly. Exploiting people and paying them unfairly is capitalism. Anarcho-capitalism would just make that worse.
" that is not a free market"
There is no such thing as a free market.
" no special class will get unlimited fiat money "
They would just amassing crypto money.
Anarcho-capitalism and blockchains don't magically make everything better.
@contentjunkie , I have to say that I believe I have seen down the rabbithole of anarchi capitalism based on crypto currencies and blockchains and yes it will magically make free markets in every area of humans lifes and yes it will do so that people get paid at the real market price for every service or product they deliver.
I would like to explain this in details, but right now I think I will leave it at this and then type this topic on my "todo list" of articles/posts that I have to write.
Btw cryptos are not printed at free will from a centralized place like fiat money is, so no to this comment: "They would just amassing crypto money.".
Well at least you admit that you believe in magic. I think that more than settles the debate.
Actually its not magic but logic... but I will try to make a post about it soon, with a more detailed description of the full concept of ideas in this matter.
Then I will invite you to debate in that post.