Richard Barbrook on Wed, 4 May 2016 05:49:09 +0200 (CEST)


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Re: <nettime> Live Your Models


Hiya,

> My issue
> with Bitcoin in particular (aside from the fact that it has ended up as
> a speculative investment Ponzi scheme where the first got rich) is that
> it is based on the economics of Friedrich Hayek and his advocacy of the
> gold standard for currencies.

... with added advantage for American neoliberals of not being physical gold
because the 3 largest producers are Russia, South Africa and China!

Richard

=======================

Dr. Richard Barbrook
Dept of Politics and IR,
University of Westminster
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