Statist regulations and virtue signalling won out over free markets and common sense. And the people suffered for it.
Then the hysterical lockdowns made it even worse.
A sobering read on what happened in Sri Lanka.
"a global ideological movement that is innumerate and unscientific by design, promoting fuzzy and poorly specified claims about the possibilities of alternative food production methods"
Reminder for anyone orange pilling Spanish speaking newcoiners, @SwanBitcoin has @skwp's Inventing Bitcoin in Spanish available FREE here, sign up
"As state ruler, you can in principle confiscate whatever you want and provide yourself with an unearned income. But rather than confiscating various producer or consumer goods, you will naturally prefer to confiscate money." - Hoppe
SLP380 @jeffdeist and I chat Economic Freedom around the world
- Exiting Australia
- Freedom indexes
- economic freedom & political freedom
- social issues
Here's my response post to @ColeSouth's "Why I Don't Own Bitcoin Anymore", for @bitcoinmagazine
Obviously, nobody believes that 9% statistic, so out of curiosity, what does it look like if we punch in a 20% number?
After just *three years* of this, you're basically down to half.
How can pig-headed @PeterSchiff keep on ignorantly commenting on Bitcoin with zero humility?
Bitcoin's price now: $30,600.
More than 1700x the price when he made this comment in June 2011.
Bitcoin Podcaster, co-founder Ministry of Nodes, Partner Bitcoiner Ventures
Bitcoin Maston Instance