One way or another, the power to set the rules is always going to result in abuse. The smart way to reduce that abuse is to keep the amount of power diffuse and spread out over all the participants, because concentration is all too tempting for the power-mad. You establish a power-sink, where it gathers? They’re gonna go for it like moths to a flame.

How you fight this sort of thing, effectively, in a modern economy? Well, what has to happen is that we quit investing these assholes with the power, and quit asking the government to do everydamnthing. The siren song of Big Daddy Government is one that has to be resisted, because once he takes you under his inimical wing, your freedom of choice is over.

I sort of hoped the cryptocurrency guys had figured out a way to decentralize the exchange medium, but the more I looked into that crap, the more I came to suspect that either I wasn’t smart enough to understand any of it, or it was a scam. Either way, I’m not investing a dime in it.

For example, that Louis “First Diverse Member of the Supreme Court” Brandeis both led the charge against the “robber barons” and the charge for the fiat overlords. Confusing at first, unless one figures that he was acting in harmony with his people’s interests.

Similarly, https://youtube.com/watch?v=7G6HBZthO1c

I still remember the crimestop I experienced in watching that video for the first time. Ah, those were the days.