Crypto Correction: Bitcoin and Ether Dive as Market Sheds $13 Billion http://bit.ly/2sUpRgU via @CoinDesk
I am devastated!
BTCJam began with one mission: To provide people around the world with access to fair credit.
In the past four years we have serviced more than 20,600 loans in 122 countries, totaling more than 64,000 Bitcoin loaned. We have helped thousands of people around the world and are proud that we changed lives for the better.
We firmly believe that programmatic money and cryptocurrencies are here to stay and that there is still room for innovation in this space. That said, we have made the difficult decision to close BTCJam. The regulatory challenges around Bitcoin and the difficulties we faced in introducing Bitcoin technology to poor communities around the world are simply beyond our capacity.
No new loans can be made from today onward, and if you have any Bitcoin stored with us, you have until July 1, 2018 to withdraw it.
All borrowers with active loans can keep repaying…
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This comes under the category of “duh!” The evidence is overwhelming, according to this post.
The recipe for growth and prosperity isn’t very complicated.
Adam Smith provided a very simple formula back in the 1700s.
For folks who prefer a more quantitative approach, the Fraser Institute’s Economic Freedom of the World uses dozens of variables to rank nations based on key indices such as rule of law, size of government, regulatory burden, trade openness, and stable money.
One of the heartening lessons from this research is that countries don’t need perfect policy. So long as there is simply “breathing room” for the private sector, growth is possible. Just look at China, for instance, where hundreds of millions of people have been lifted from destitution thanks to a modest bit of economic liberalization.
Indeed, it’s remarkable how good policy (if sustained over several decades) can generate very positive results.
That’s a main message in this new video from the Center for Freedom and Prosperity.
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It is impossible to argue against any of his points.
All Human Relationships Should Be Mutually Consensual
Voluntaryism is simply the belief that all human relationships should be mutually consensual, or “voluntary”.
Voluntaryists reject the initiation of aggression in all its forms; violence, threats of violence, theft, coercion, fraud, bullying, rape, murder, etc.
Self-defense using physical force is not an initiation of aggression, but rather a reaction to it; therefore, it is morally acceptable to use force to defend your life, the lives of others, and justly acquired property.
Voluntaryists follow the Non-Aggression Principle, which is a moral principle that “prohibits the initiation of force by one person against another.”
This belief is hardly a controversial one. It is little more than basic, kindergarten ethics. Few of us believe that forcing someone to do something against their will is morally acceptable, unless they are initiating aggression against someone else.
When you force someone to have sex with you, it’s called rape
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“Anarchism denotes a spirit and strength of character that other philosophies fail to discern, that other people fail to grasp or care about. Anarchism screams acceptance of humanity, and it declares all individuals as totally sovereign, only governable by the will and moral compass of their own passions.”
Being an anarchist is not just a catchy and trendy, temporary way of life; nor is it a passing fancy or a cool philosophy to use for the sake of winning arguments.
Anarchism is deeply, intimately personal.
I chose anarchism because I do not believe I should have to obey someone for the sake of obeying. I chose it because I know “government authority” is a useless and dangerous concept, which only gets innocent people caged, harmed or killed. I chose anarchism because I enjoy independence, because I loathe the idea of being ruled, and because I acknowledge that freedom from institutional and social violence leads to happiness and love. I chose it because I believe people are innately free, that they have the power and decency to live their own life and solve their own problems, without a perpetual father figure looming over and judging their decisions.
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