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Showing posts from April, 2020

Against the IFP

Centralizing control over a currency’s infrastructure is a seemingly obvious mistake.

One would think any Austro-libertarian worth their salt would be able to see thru such a charade. Yet here we are, again. Face to face with economic illiteracy. Not garden variety lefist economic illiteracy, but one far more stinging and painful - one which comes from within our own community, rather than from without. 

First, Bitcoiners faced the economic illiteracy of maximalism and small blockers. Attempts to masquerade money’s primary function as value storage (Ammous) or rejecting Menger’s Regression Theorem altogether (Szabo) are luckily demonstrably false. Nevertheless, the shock of our fellow Bitcoiners illiteracy was like an unexpected slap in the face. Suddenly, we were forced to confront the fact that the ignorance of our allies in the fight for sound money, had led them astray. Yet, thru BCH we were thankfully able to keep Satoshi’s dream of peer to peer cash intact. 
Well, crypto anarch…

Anarchozionism

So now it’s Abaco.

From the earliest days of Ayn Rand’s influence over the Libertarian Movement, frustrated activists have given up on their efforts to reform or revolt against the American State to seek the promised Gulch.


In the early 1960’s, a group composed primarily of engineers and technologists worked on a plan to construct an island nation on a shallow land base of the North Sea. Preform agreed on a tiny, nominal government, a free port status which would thrive on free trade between Britain, Norway, and Denmark. Individuals who had been into education and political action (the LIBERAL INNOVATOR, leafletting the Cow Palace GOP convention) gave up and published PREFORM-INFORM backing the escapees.

Then the British seized the pirate radio stations operating outside their territorial waters. Oil was discovered in the North Sea, and Britain, Denmark, and Norway promptly carved up the sea bed. The Preform crowd either Browned out or went into escapist trips such as becoming nomads…

Meatspace Pirate Pop-up Ads

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- The Spray Can, The Home Printer and the QR Code - ----------------------------------------------------------------------- 
"They got cash, which makes it legal devastation when they do it, and when we do it its vandalism, do it too much and get sent to prison" - Looptroop, Illegal Commercial

 The vulgar billboard commercial and the pre-roll advertisement that you click away as soon as possible when you watch Youtube are marketing tools to catch your interest in and shove a product in front of you someone wants to sell. Those two elements are pretty much what you can boil down the old art of advertisement to, even if marketers like to frame their craft with a more mystical aura[1].  

Which is totally legitimate to do in some cases, there are many wizards in the field that have built some really impressive campaigns that made millions in sales.

The scale we are looking at in this article has a lot less m…