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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…

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…

Operational Security: A Counter-Economic Guide

*Note: For legal reasons, this article is for educational purposes only*

Operational security is a key aspect of counter-economics. In fact, its the only element common to all counter-economic operations.

As such, it's a shame opsec isn't discussed more often. The reluctance to lay the issue out bare may be due to either a naivety surrounding the topic, or an unwillingness of agorists to embrace their black market roots. But remember Laertes, to thine own self be true!

As agorists, it's incumbent upon us to lay out a guide for operational security that newcomers can use to engage with the counter-economy in a simple, safe & secure manner. This is a first attempt at such a guide. The New Libertarian will be updating this piece from time to time as technology continues to progress.

Feel free to jump to any section that suits your needs.





I. KYC

II. Coin Mixers & Privacy Coins

III. E2EE

IV. Password Protection

V. Tor

VI. VPN


I. KYC In the past, if two individuals wish…

The Case for Data Mining

7/31/2020 Derrell McIver 
With even more hilarious Congressional hearings,Big Tech has been in the news a lot recently. Popular former presidential candidate Andrew Yang has been discussing the alleged evils of this industry in two of his recent podcasts. In May,he interviewed Jaron Lanier. Lanier is a computer philosopher who argues that the government should prohibit social media companies from selling user’s data to third parties, effectively forcing companies like Facebook and Twitter to charge a service fee. Yang expressed support for this idea. He also, inanother episode a month later, said that, “the economics stink for consumers.” He bemoaned how Facebook is currently worth $650 billion, and how “the vast majority of that is on the backs of selling access to us and monetizing our data.” However, he makes an exception for himself by claiming that when he used people's data for targeted ads during his campaign, it was of course "in a very above board way."

Let’s eva…

Minecraft Economics: How the Nether Update uses the Subjective Theory of Value

What is an emerald worth in Minecraft?


An emerald is the currency used in the popular game Minecraft for trading with NPCs called villagers and wandering traders. Emerald ore is an extremely rare resource in the sandbox world, yet every employed villager has quite a few to trade with the player. However, players have wondered how the emerald compares with real world currency. One YouTube Video by GameTheory tried to find this answer. First, they tried to convert it by comparing the USD cost of bread with the cost of bread in the game, but found that conversion does not translate to other goods. Next they used the labor theory of value to try to determine the USD to emerald conversion, but again came up with a nonsensical conversion. Finally, they tried to assume emeralds have an inherent value in real life and work backwards to determine the in-game USD cost. After using all of these methods, they come to the accurate conclusion that it's not really possible to convert emeralds i…

That Bread is Mine, Too

Okay, so the State was smashed yesterday morning. Now what?

Obviously, everybody will go his/her own way and make oodles of gold. Some of it will be spent on protection agents and arbitration. And we shall be ever-vigilant against the return of the State!

But what are we going to do if someone wants his money back?


Such a question is far from academic, for one’s view of justice seems to determine one’s revolutionary tactics. Robert LeFevre, the anarcho-pacifist, pursues a purely educational route because he has foresworn the use of defensive restitutive force. What else can he do? Murray Rothbard, enamored with “temporary” political expedients, pursues popular fronts with rightists, then leftists, then partyarchs. With his “double restitution” or “restitution plus punishment” theory, he finds himself allied with the Penal Institution crowd regardless of other alliances.

Ayn Rand seeks unlimited restitution, and since infinity can only be achieved mystically she must resurrect a gover…

Riots are Inevitable, Not Justified

Beginning Note: I do not condone the riots against or the looting of private citizens or private property. This is not a defense, it is an attempt at an explanation.

Across US cities, there have been protests to call for reform of the police and legal system that is responsible for the brutal murders of George Floyd and Breonna Taylor. While the overwhelming majority of these have been peaceful events, much of the news coverage and government reaction has been in response to the rioting and looting that have become adjacent to the calls for justice.




Many are shocked at the almost complete breakdown of law in cities across the country. But these should not shock anyone. They are an inevitable product of our current legal system: a monopoly. The government and police claim to have a monopoly over the legitimate use of force, and when this monopoly is shown to be counterproductive to the preservation of law--that is the protection of person and private property--we can only expect chao…

Prepper's Pantry

How much should I store?
Let’s start off with this basic question. The answer is…it depends. What it depends on is a number of factors, several of which should hopefully be obvious. Are there special health considerations to consider, i.e. a diabetic or celiac conditions? How many people am I storing for and what are their ages? Age is an especially important point to consider. A growing child will need about as much nourishment as an fairly active man would, if not more. Similarly, older people, especially those less active, need less.


Now, something to consider though is that, depending on the situation your activity levels may not be typical. In addition to that, your storage space needs to be considered. If you have the space to store more, then great, you can. A minimum though would be enough for one calorically dense meal per day, per person. And when I say calorically dense I’m talking somewhere in the area of 1200-1300 calories on the low end. That should be enough that, thro…

Glimmer of (Gray) Hope

Three club owners have a meeting with the local press in the Norwegian town of Fredrikstad, airing their brewing troubles to an eager journalist. The year is 2009 and two things have collided with each other that changed the behavior of their clientele: The aftershock of the 2008 economic crisis and a change in local alcohol serving hours.



When nightclub-goers still have the need to keep the party going but have less money in their pockets and the clubs can’t stay open as long as they used to, there’s a unique pocket in the market for someone that can offer alternatives. Someone who doesn’t care about state-mandated opening hours and deal in smuggled booze: The illegal nightclubs.

That was the topic of discussion the three club-owners had with the press,[1] those pesky competitors not playing by the rules. It’s almost impossible to compete when you are handcuffed to regulations and everything you sell has an automatic 25% extra costs attached to it straight out of the gate (and that …

The Economy Needs A Difficulty Adjustment

The world economy is experiencing what one might argue, is a death spiral. Investors are liquidating assets they once deemed valuable, only to be fooled by falsely over-valued stock prices. Such mal-investment was a result of corporate buy-backs, fudging the true valuation of companies, and attracted the attention of deep-pocket investors. Yet, the investors sold their shares, and now the corporations are expecting bailouts from the Federal Reserve. The Fed will once again try to cover up the economic wound with a greenback bandage, and blame the market crisis solely on COVID-19 rather than take responsibility for manipulating market signals.

The game theory and technology of the Bitcoin network is the most beautiful environment for a healthy, prosperous economy. This “cleansing” of inefficient miners is what’s missing in the macro world today. Taking a good, hard look at the self-healing organism that is Bitcoin, reveals how its characteristics mirror that of markets. When left unha…