by Jeffrey Tucker
Daily Reckoning
Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before.
Today, no one much cares about what came before, speaking of 2010–2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.
Gone is the talk of separating money and state, of a market-based means of exchange, of genuine revolution that would extend from money to the whole of politics the world over.
And gone is the talk of changing the operation of money as a means of changing the prospects for freedom itself. The enthusiasts around Bitcoin have different goals in mind.