The Humble Libertarian original

"how can we turn whiplash into an asset class" People speak of a "Bitcoin volatility problem," but no one thinks Wall Street's volatility is a problem. Some smart ass even turned it into an asset class lol oh the wanton perversity of it all roflmao So what about all the volatility on Wall Street? It's super volatile. It's also very sensitive to political events, which we all know can be rather unpredictable lol. It might even be sensitive to weather . It's just a very volatile investment and it goes through periods of high volatility. If you look at the headlines from a year ago many Wall Street investors were actually openly nervous about it then too. i would like to buy a volatility I hear you saying: "Sure, but no one thinks of Wall Street stocks as money and it wouldn't be practical to use them as money for this reason among others. The same is true of bitcoin. Its volatility will prevent it from being used as...

LET'S MAKE SOME MONEY!

When you have the great foresight not to consume every resource you've got, what's left over becomes savings. When you have the great insight to trade your savings for tools that make you more productive, your savings become capital. Why Capitalism Is Good Capital is what makes work a little or a lot easier on you, and the key to getting ahead is spending less on consumption and investing more on capital. Most people consume right up to their limit, and they stay poor or middle class forever. Those who have great success in life are usually those who create more for the rest of the world than they consume. Capitalism's Characteristics Resources find their way into such a person's hand in great amounts because they will grow in that person's care. Most of us are more or less given exactly as much as we can be trusted to be responsible with in this world. For many of us that's just enough not to die or riot each month. For a very few of us th...

The ever insightful Dr. Jordan Peterson at the University of Toronto explains exactly why high income earners make so much while social justice warriors who complain about them online make so little, while analyzing the choices and motivations of young female lawyers and the reasons for the income gap between men and women. Absolutely recommended viewing for anyone who really wants to understand why some people make more money than others:

Hahaha, nice one /u/MBoudet .

"We're talking about reinventing the world's monetary system... from the ground up," says Jeffrey Tucker, executive editor of Laissez Faire Books , and an enthusiastic proponent of the open source peer-to-peer currency system Bitcoin. After participating in a panel discussion on Bitcoin at Freedom Fest, Tucker sat down with Reason Magazine's Matt Welch to explain why he believes Bitcoin is an example of a new enterprise that can help create "a new world of liberty, despite the existence of the leviathan state." Held each July in Las Vegas, Freedom Fest is attended by around 2,000 limited-government enthusiasts and libertarians. ReasonTV spoke with over two dozen speakers and attendees and will be releasing interviews over the coming weeks. About 5.30 minutes. Produced by Anthony L. Fisher. Camera by Paul Detrick and Tracy Oppenheimer.