Last week at Freedomfest in Las Vegas I had the luxury to speak with Jeffrey Tucker, the prolific anarchist author and Director of Content for the Foundation for Economic Education (FEE).
Freedomfest, for us, was an anniversary of sorts as we first met at Freedomfest in 2012 and he was featured in the 35th episode of Anarchast... which is now over 350 episodes.
We've since become good friends and he spoke earlier this year at Anarchapulco.
Our conversation began talking about how unnecessary hyphens are in the anarchist world. We discussed how all these discussions between "thick versus thin" libertarians and "right versus left" anarchists were mostly ways to divide us and keep us from focusing on the true problem: statists.
But, quickly, Jeffrey wanted to get into cryptocurrencies which he says have invigorated his love for the free market as we see it playing out in the space on a daily basis.
Also, with Jeffrey's great understanding of Austrian economics he discussed why bitcoin meets the criteria of Mises' Regression Theory of Money.
That, alone, is worth watching the discussion.
You can see it all here:
By the end, he even pondered whether bitcoin has made gold obsolete. A question which I thought was a reasonable one!
Let us know your thoughts below!
upvote and resteem. Jeff, I put together a video thanking you for introducing me to Steem. I appreciate it and love your work. Cheers.
https://steemit.com/steemit/@crowe/jeff-berwick-aka-dollar-vigilante-thank-you-for-introducing-me-to-steemit-i-owe-you
Using the threat of Islamic terrorism to create more laws and more surveillance of your own citizens. Hmm.... seems a bit suss.
Great video, keep up the great work.
Sir plz help me by upvote iam new in this Community
Jeff Left typically means big government welfare, mass immigration, high taxes etc towards Communism. That would make you right wing (libertarian - anarchist) small or no government. The Left Right question is important.
Great work. Thanks for sharing.
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Free Markets Are Definetly The Best Thing That Happened To Me In Years :)
Thanks For The Post @jeffberwick !!!
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Sir please help me by upvote iam new in this field sir please please. .......
great video
Nice one.
Is he coming on board at steemit? We need him here! We're FB friends, but I would much rather be upvoting him and with steem and padding that bitcoin wallet. He was the one who first introduced cryptocurrency into my little world. He needs to be here!
agreed
Hmmm interesting comments on diamonds ... wr forget origin sometimes! Good to be reminded!
Great content @jeffberwick. Bitcoin and other altcoins are truely taking over the world of currencies and its only a matter of time before it completely immerse itself in every transaction. We are in a digital era and its only logical if digital currencies take over
#Secretive Cryptocurrency Hedge Fund Metastable Examined#
“There’s a Handful of, Say Between Five and 10 of These… [Cryptocurrencies]… That Could Be Trillion-Dollar Blockchains” – Joshua Seims, Metastable Co-founder."
Metastable Capital is a cryptocurrency hedge fund that has attracted investment from many top venture capital firms despite largely shunning publicity since its inception in 2014. Metastable was co-founded by Angellist CEO, Naval Ravikant, cryptography expert, Lucas Ryan, and former angel investor, Joshua Seims.
Fortune has reported that Andreessen Horowitz, Sequoia Capital, Union Square Venture, Bessemer Venture Partners, and Founders Fund are among Metastable’s major investors – all of whom participated in Polychain Capital’s fundraiser earlier this year.
Metastable takes a long term perspective when assessing the markets, aiming to invest in projects that it expects will be profitable over the course of at least a decade. “There’s a handful of, say between five and 10 of these major use cases that could be trillion-dollar blockchains,” Seims told Fortune. “It’s all very long-term focused, and we think we’re in super early days right now. It really comes down to which do we think is the strong enough technology, that we think can win.”
Source : - https://news.bitcoin.com/secretive-cryptocurrency-hedge-fund-metastable-examined/
The difference between Democrats and Republicans? .... Democrats have a "D" after their name, Republicans an "R"
Great video as usual. I've always admired Jeffrey Tuckers style. Such a thoroughly nice bloke!
Another great video...
Awesome!
Awesome!
Great minds need to make there was here to steemit, where they can share and be uncensored.
Thank you for sharing such informative post to us.It was a really meaning discussion about the trend of cyptocurrency and other issues.I think the cyptocurrency will be the mainstream in the following 20 years and I hope that you can continue to share more news related to cyptocurrency.Thanks very much
Gold as medium is absolete for quite a while already. It has value for its properties though. Diamonds are ultimately absolete as they have almost no utility at all hence being just a bloody way to make rich richer selling this vanity item.
Diamonds are far from obsolete as they are heavily used in industry; mainly as a cutting remidy, but also in a range of testing tools, like Vickers, Rockwell hardness test for instance, which requires larger single diamonds.
I believe you are refering to natural diamonds, which is inferior to industrial created diamonds in purity, and a price-level kept sky high by cartel regulations and very successful advertisement campaigns over decades. For those diamonds, I do agree with you. That is one bloated price-bubble I'd like to see pop as soon as posible.
Yes, I am referring to natural diamonds exactly. But i believe that this bubble won't pop as easily and so many people will continue to be exploited, crippled and killed in their mining.
I share your concern, and do not expect a sudden implosion either. There is also alot of people already "invested" in this gem - further reinforcing its position.
If you are looking for faster changes; play on peoples feelings, not reason. That's "not my cup of tea" though.
I totally agree with you on this one.
Diamonds are very useful. We use them all the time in engineering as cutting tools.
They are grossly overvalued though.
I doubt you are using natural diamonds in your cutting tools.
90% of all mined diamonds are used by industry.
Not every diamond is clear enough to be jewellery grade.
Are you saying that you are using diamonds in your tools, that had been dug in conflict zones?
It is impossible to find any sort of data or traceabilty for diamonds used in tooling because it is not one single gemstone like the jewellery industry.
It is a fine diamond powder which is bonded to a steel tool.
Having said that industrial grade diamond is so cheap compared to gem quality I would guess there is no need to cut corners and deal with dubious dealers.
My initial thinking was that industrial grade diamonds are mostly artificial.
If dubious dealers come in to possession of low grade diamonds, would they not offer a deal?
It's hard to believe that mines with poor ethical practices ONLY sell the highest quality diamonds. That's a weird concept.
I have liked your article and for this reason I will Upvote and follow you. I hope you do the same .Thank you.
Jeff thank you for all that you do and we upvoted
Another good episode of the Anarchast
Awesome Post!
Please try this - https://steemit.com/contest/@mlmtraffic/contest-4-here-for-everyone-you-have-absolutely-nothing-to-lose-only-steem-to-gain-so-why-not-try
Hi Jeff, I hope gold wont be obsolet, I like it to much :-) or it gets cheap again... Would be nice. Upvoted and followed.
I started my channel two days ago - an art channel - to finance a part of my tuition fees. Hope to get some support of some of you guys! Blessings Martin
https://steemit.com/art/@art-universe/hello-steemit-community-open-the-door-to-a-room-where-you-can-find-a-whole-universe-in-it
A QUICK SKETCH of VITALIK BUTERIN
https://steemit.com/art/@art-universe/an-artists-hommage-to-vitalik-buterin-cryptoworld-sketches-1
It nice to learn more and more on this things
Well said, I really like this that you've laid out. And I definitely share the viewpoint with you. I also hope to leave my legacy here on steemit, and what I share here is what I would want to be remembered for. I think we can all look for something new! Thank you for being here. :)
agreed
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the prolific anarchist author and Director of Content for the I like post. Adn earning bitcoin.
Crypto is the further!! Great Post, thanks for sharing with us!
Nice article, and yes bitcoin (and other cryptocurrencies) will probably make gold obsolete
And meanwhile the bitcoin !!!!!
I don't think Bitcoin has made gold obsolete, gold still has it's niche in that it is physical and therefore ultimately more durable, but Bitcoin does many things better than gold, such as divisibility, transport, and even scarcity. Gold is no longer the only game in town, now it has to share the "sound money" "store of value" "safe haven" space with Bitcoin.
nice video plzz upvote me
Have a great day ;)
blockchain based social media network, steemit.
good one
"If he only had more people, he could really oppress them!" You crack me up!
This post made my day !!!
Thanks for sharing it !!!!
I automatically respect anyone who wears a pink bow tie.
The thing that attracts me to crypto's is the fact that it is a truly free market economy. That makes it wild and unpredictable which may put off large institutions but is incredibly exhilarating to be part of.
Especially when an investment goes right.
Gold, platinum, palladium, silver, etc. are all heavily used in electronics and technology for their conductive and other special properties. Not to mention being used in fuel for spaceship/satellite launches. Precious metals obsolete... don't make me laugh
@bescouted did point out its practical value tbh. I can see that the OP could have some point on cryptos infringing on the precious metal market. However, in my personal opinion, to deem them obsolete seem too hard to me. I think their long track-record and being something physical (with a practical use) will make them keep a good portion of their value as a medium on top of the direct industrial demand.
Should the world situation turn really ugly, physical preciouse metals is a safer than bet than also cryptos in my book. Guess it comes down to once faith in humanity, and knowlendge of history...
I believe what was being said here is gold being obsolete as an investment security. Nobody is arguing gold's value as a utility for it's properties.
Hey, follow me at twitter @texiflexion I'm new and love re-twitter and re-steemer. Hope to see you back.
PS:. Former us army soldiers, I love to tell my experiences, good or bad, as long as they are useful and don't cause existential depression For the crudity.
Gold will never be obsolete. It has plenty of utility, namely in electronics and jewelry.
Right vs Left- "My slavery system is better than your slavery system"
Looks like it will be a good video.. will be back to check it out..
Upvoted even tho he looks like a pedo.
follow me please
left and right are being strung by the same puppet master. It is only the illusion of a choice. We all know the shadow govt runs the world. WAKE UP PEOPLE!!!!!!!!!!!! Thanks for sharing - Troy