No worries! Full video here to see the rest:
What perfect timing.
Seriously look at what's happening with CBDCs right now and tell me an agorist parallel economy isn't the only solution.
I drop orange pills wherever possible ðŸŸ
Here's the post:
nostr:naddr1qqyxgdpc8qckye3hqgs0plu8uaukh2r0ep95spajtfw7ugrdwfxx7cd23pfewk3emmh07kqrqsqqqa28lwfgxk
Here's a TL;DR:
This is the TL;DR for why an agorist circular Bitcoin economy is a necessity.
I'm gonna write a full length post about it to properly articulate my ideas and where I'm coming from.
If the bank takes the hit and the bank is insured it's absolutely a victimless crime.
But again to be clear I'm not advocating for fraud - in a parallel Bitcoin circular economy, people would pay each other in sats instead of a CBDC.
Assuming these transactions are not reported on tax returns like cash in hand deals today, the only loser here is a thief.
Light reading
Think I gotta write out a blog post to flesh out how I imagine an agorist Bitcoin circular economy looking post-CBDC.
It's important this stuff is crystal clear to underline the importance. It's not necessarily about a total reform imo. The baseline would simply be continuing the current semi-agorist economy we already live in as the state keeps expanding its powers.
The revolution comes after 😉
Reminder that most small independent businesses are already partially agorist even if they don't operate in a black market...
To add one more vital point: what I'm advocating is a parallel economy based around Bitcoin that undermines the state by not paying taxes and allowing free trade among individuals.
Quite obviously, the scope of this is way broader than drugs or fraud. Any small business or independent trader offering a cash discount is already a lowkey agorist.
This will get harder in the future with CBDCs, hence stressing the importance of a Bitcoin circular economy.
P.S. Your video reminded me of this music video, couldn't resist haha.
Getting an invalid cert error from that link :/
The UX definitely needs to be improved but the builders are building a better one.
💯💯💯
I gave a whole talk on exactly this, transcript here if you're interested:
nostr:naddr1qqyrxe3hxa3xvwtyqgs0plu8uaukh2r0ep95spajtfw7ugrdwfxx7cd23pfewk3emmh07kqrqsqqqa289j2qgr
Few points to this. I can get into more detail if you're interested but I'd need to expand into a long form note (blog post) to get proper deep with it.
Firstly, buying stolen CC info is nothing new, and even in current statist capitalism, it is in the best interests of the banks to detect fraud as fast as possible and compensate the affected customer.
I've had card details stolen before. Got noticed quickly. Card got cancelled and replaced. I got fully refunded. The only party to lose out is the bank. Besides the fact banks are insured for exactly this type of scenario, why the fuck would I care if a bank takes an L? To me that's a victimless crime.
Second, most people on the darknet (which indeed is the epitome of agorism in the digital space) are there to buy drugs, not bank details. This is very clearly reflected in the number of listings for each category. Drugs dwarf fraud. Supply and demand clearly favours drugs.
Now whatever your personal opinion on drug use may be, I hold that it isn't relevant if you believe in individual freedom. If an adult makes a decision to consume a substance that can only harm themselves, they should be free to do so. Additionally, DNMs create a market with increased harm reduction due to feedback systems and knowledge being shared on safe dosing etc (ala Bluelight).
I'd even go so far as to argue this is safer than the pharmaceutical industry which has a long history (and present) of lying about the efficacy, addictiveness, and safety profile of its drugs and making people believe those lies by convincing doctors to repeat them.
Nostr is different from existing DNMs because it enables the potential for greater ease of use and wider accessibility. Most people cba to setup Tor Browser and PGP. But if they can just lookup a NIP-05 in a Nostr client? The barrier to entry has just decreased significantly.
Those men in the middle are used to holding a great deal of power and they won't give up without a fight.
But you are right - this should absolutely be the norm.
The tech is there, as you noted, just needs better UX and wider adoption into clients. This is happening as we speak. Preliminary support for market listings was already added to Amethyst just recently.