Theme: Property

  • LET ME HELP YOU: BITCOIN —“Is the bitcoin a sustainable form of currency, in a

    LET ME HELP YOU: BITCOIN

    —“Is the bitcoin a sustainable form of currency, in accord to propertarianism?”–

    It is not a form of currency. Demand for a currency is warrantied by a state treasury through the combination of law and taxes.

    A bitcoin (or equivalent) is a fractional share in the bitcoin (or equivalent) network, liquid within that network, and only within that network.

    The difference between these money substitutes, as between all money substitutes, is the degree of INSURANCE, or what is called ‘backing’ that

    Think of tickets you buy at a carnival. A bitcoin is a ticket. Tickets can only be spent at the carnival. No one else will trade with you for them. You can buy a ticket and spend it on a ride, or sell it to someone else to do the same. The difference is that the carnival can issue as many tickets as it wants, and fractional shares are issued by the profitable carnival rider operators.

    However, as we have seen, (a) bitcoin operators are generally even more incompetent than banks, and (b) often more dishonest than bankers. And those investments are uninsured.

    Commodity money (hard money) is insured by demand for the commodity. The fact that we break it into countable units and trademark them guaranteeing their weight and measure, serves to increase the value of that commodity.

    So commodity money is insured by demand for the commodity independent of any institution or technology, and independent of time and space.

    Everything else we use as money is a money substitute, and as a money substitute, requires insurance by weaker and weaker means.

    Fiat money (“currency”) is insured by a government treasury. As we have seen governments can lose the ability to insure a currency.

    Banks and other asset holders issue “notes” (promises) that are redeemable for money at a face value.

    Some banks and treasuries issue “fractional reserve notes”, meaning that under normal circumstances, these notes are redeemable for money – but as we have seen, when ‘runs’ occur, very little of a bank’s assets are liquid and very little of its assets can be made liquid.

    Companies issue stocks. Stocks can be traded but only within a network or through the company.

    Bitcoins different from stock companies in that they only issue stocks in payment for validation of transactions, and because shares in the bitcoin network can be divided at will by their owner, these each bitcoin is a ‘fractional’ share of the network, backed only by demand for these fractional shares, hosted on a fragile voluntary network lacking all insurance.

    Bitcoins are technically, fractional shares of token money substitutes, in a token money substitute network, and the least insurable and insured form of money substitute that man has yet invented.

    The material benefits are that they (should be) reasonably hard to steal, (should have) near zero carrying and transaction costs, and if achieve sufficient scale (trillions) might provide some limited market demand – until there is a power failure.

    BTW: the primary means of war has evolved from military to economic. The primary future means of war will be deprivation of electricity and communication lines. We are currently more dependent upon electricity than water.

    So, what propertarianism would say is that unless an individual consumer of bitcoins has been informed of these facts, he has been the victim of deception. But if he is informed of these facts then it constitutes a productive, fully informed, warrantied exchange, limited to positive externalities.


    Source date (UTC): 2017-05-01 09:43:00 UTC

  • GOSSIP VS PROPERTY Those who function by gossip will of course suppress all lang

    GOSSIP VS PROPERTY

    Those who function by gossip will of course suppress all language that violates gossip, the same way that those of use who function by property will of course suppress all action that violates property.


    Source date (UTC): 2017-04-30 10:05:00 UTC

  • WORSHIP OF THE LAW VERSUS THE COMMERCIAL; FULL ACCOUNTING VIA POSITIVA, VIA NEGA

    WORSHIP OF THE LAW VERSUS THE COMMERCIAL; FULL ACCOUNTING VIA POSITIVA, VIA NEGATIVA.

    Let me help you: by worship of the commercial we violate natural law and consume our previously accumulated capital. By the worship of natural law we cannot exist by other than the commercial but we are limited in that we cannot consume our previously accumulated capital. Worshipping the commercial is to love the consequence that kills you, rather than the cause that transcends you.

    Natural Law of Reciprocity creates wealth. It’s the property that results from reciprocity that causes the common law of torts.

    The grammar of experiences, the grammar of intentions, the grammar of goods, and the grammar of morality, are all via positiva. The grammar of causality requires the grammar of operations.

    The adage that property is the result of the law of torts is only a half truth. Property results from reciprocity, results from the preservation of the incentive to cooperate, which results from the suppression of parasitism that violates cooperation – in all its forms.

    Half truths are deadly. If you cannot describe via negativa as well as via positiva you are failing to construct a full accounting and creating a moral hazard, and as such you are a danger to us all.


    Source date (UTC): 2017-04-30 09:16:00 UTC

  • THE ECONOMICS OF TIME AND MORALITY (important) (profound) (read more than once)

    THE ECONOMICS OF TIME AND MORALITY

    (important) (profound) (read more than once)

    Under Propertarianism’s Rule of Law by Natural Law, Soros could never have come into existence, could never attack western civilization; could never escape justice; and the takeover of the Universities in the 60’s impossible; the prosecution of communists in the 50’s successful; the and the import of the Frankfurt School impossible.

    Why? Truth, Reciprocity, Existential Possibility.

    Free markets are a lie. There exist no scale independent theories, and likewise, there exist no scale independent markets. They are another cosmopolitan invention. A moral pretense by which to engage in immoral actions.

    The requirement that we not impose costs by externality upon the investments of others causing the loss of capital in territorial, physical, institutional, cultural, normative, informational, familial, and genetic assets limits markets.

    Markets allow us to create opportunity through proximity, informational, informal and formal institutions, and physical infrastructure as a common good. Market opportunities are produced as a common good. We can then serve the common good by converting opportunity into exchanges, the performance of which, creates more than it consumes by the service of the coincidence of wants.

    We create opportunities for temporal compression through the division of perception, cognition, knowledge, labor, and advocacy, and seize them through the identification of a coincidence of wants, thereby converting the potential for temporal compression into the existential compression of time. And it is through this temporal compression that we, collectively, in increasing scales, constantly reduce the cost of existence, and defeat the dark forces of time, ignorance, and scarcity.

    If you understand this you will understand all of human civilization, and the reason we have achieved what no other creatures have achieved.

    We must defeat the dark forces of time, ignorance, distance, and scarcity, and we do so through cooperation, and we cooperate through the incremental suppression of the imposition of costs on one another upon life, body, kin, possessions, and interests, in the form of violence, theft, fraud, falsehood, conspiracy, rents and free-riding.

    We accomplish this incremental suppression by the demand for a warranty of due diligence for our products(materials), services(actions), and information(speech) and the prosecution, restitution, punishment, ostracization, or execution, of those who circumvent that Warranty of Reciprocity by production, action, or speech.

    This leaves us with no option but to participate in voluntary markets under which we limit our productions, actions, and speech to that which consists of productive, fully informed (truthful), warrantied, voluntary transfer, free of imposition of cost upon the life, kin, possessions, and interests of others by externality.

    This explains the entirety of human existence.

    Curt Doolittle

    The Natural Law of Reciprocity

    The Philosophy of Aristocracy

    The Scripture of Nobility

    The Propertarian Institute

    Kiev, Ukraine


    Source date (UTC): 2017-04-29 09:23:00 UTC

  • BITCH-SLAP ADVOCATES OF CAPITALISM Bitch-slap advocates of capitalism. Property

    BITCH-SLAP ADVOCATES OF CAPITALISM

    Bitch-slap advocates of capitalism. Property rights and markets will evolve under Rule of Law by Natural Law. Capitalism is just a cosmopolitan distraction to justify every form of parasitism possible under financialization. Financialization like Religion like Divine Right is simply another means of preying parasitically upon our people. Interest is necessary for the measurement of production, and as a means of compensating each other for the cost of producing rule of law by natural law and the markets that emerge from it. But all consumer credit under fiat money is simply theft from the people, and a means of their indentured servitude.

    You were fooled. Punish those who fooled you. Forcibly produce every means of restitution possible. Back to the introduction of fiat money. All of it. Every cent. Everywhere in the world.


    Source date (UTC): 2017-04-27 08:19:00 UTC

  • Deflationary Government

    What is Necessary for a Deflationary (Truthful) Government 0) A militia consisting of shareholders who reciprocally and unconditionally, insure one another’s property-in-toto from the involuntary imposition of costs by both members and non. 1) A contract (constitution) between those shareholders for that reciprocal insurance, consisting of Rule of law, natural law, universal standing, universal applicability, absence of discretion through strict construction, with a monarchy as a judge (veto) of last resort. And providing for: 2) A market for polities in which many small polities compete by the production of different commons. (btw: what polities will attract not only the most, but the best women?) 3) A market for the production of commons within any given polity, by exchange between the classes (those with different reproductive strategies, capabilities, and capital interests) 4) A Market for the production of goods and services within any given polity by exchanges between individuals and organizations OTHER than those that exclusively produce commons. 5) A market for the production of generations (marriage) within any given polity, within any given market for commons, within any given market for production of goods, services, and information. 6) A market for association and cooperation, within the market for polities, the market for commons, the market for private goods, the market for reproduction. 7) A market for the resolution of disputes over property in toto by application and strict construction of the natural law of cooperation: reciprocity. (Judiciary) 8) A market for the production of contracts (agreements) in all markets (lawyers) 9) An insurer of last resort consisting of: A military of last resort, A treasury of last resort (shares in the nation), An insurer against acts of nature, age, and incompetence of last resort.

  • Deflationary Government

    What is Necessary for a Deflationary (Truthful) Government 0) A militia consisting of shareholders who reciprocally and unconditionally, insure one another’s property-in-toto from the involuntary imposition of costs by both members and non. 1) A contract (constitution) between those shareholders for that reciprocal insurance, consisting of Rule of law, natural law, universal standing, universal applicability, absence of discretion through strict construction, with a monarchy as a judge (veto) of last resort. And providing for: 2) A market for polities in which many small polities compete by the production of different commons. (btw: what polities will attract not only the most, but the best women?) 3) A market for the production of commons within any given polity, by exchange between the classes (those with different reproductive strategies, capabilities, and capital interests) 4) A Market for the production of goods and services within any given polity by exchanges between individuals and organizations OTHER than those that exclusively produce commons. 5) A market for the production of generations (marriage) within any given polity, within any given market for commons, within any given market for production of goods, services, and information. 6) A market for association and cooperation, within the market for polities, the market for commons, the market for private goods, the market for reproduction. 7) A market for the resolution of disputes over property in toto by application and strict construction of the natural law of cooperation: reciprocity. (Judiciary) 8) A market for the production of contracts (agreements) in all markets (lawyers) 9) An insurer of last resort consisting of: A military of last resort, A treasury of last resort (shares in the nation), An insurer against acts of nature, age, and incompetence of last resort.

  • Another Useful Idiot – Rothbardian Flavor

    ANOTHER USEFUL ROTHBARDIAN IDIOT —“> asserts that there can never be a social order based on private property norms > engages in argumentation, thereby demonstrating a preference for and participation in a libertarian social order based on private property norms You wrote 10 paragraphs of performative contradiction, but at least you felt cool doing it.”—-Jared Howe Interesting how you’d even imagine that such a statement wasn’t anything but profoundly stupid. (Not sure I can provide a complete analysis of the fraud of marxist argumentation ethics without writing a whole book but lets at least lay down the outline and show how ridiculous you are – and how useful, educated but unintelligent, idiots are in the cause against possible liberty: Aristocratic Sovereignty) 1) All humans argue (produce a series of statements for the purpose of persuasion: changing state of another’s behavior.) They argue with ignorance, error, bias, and deciet. They argue with contradictions. They argue with fallacies. They outright lie. 2) No humans exist in a rothbardian political, social, familial, and personal order wherein the definition and scope of property is limited to physical, intersubjectively verifiable property. 3) An insignificant portion of populations STATES a preference for a rothbardian order. NO portion of ANY polity DEMONSTRATES a preference for a rothbardian order. Why? It is impossible to praxeologically (operationally) argue for the rational construction of a rothbardian order. It does not appear to be able to praxeologically (operationally) argue for the migration of such an order. It appears only possible that a tribal and migratory polity parasitically living off the territorial defenses and juridciald efenses of some other order, might employ this strategy as an ethical basis. Or for separate states to rely upon this form of non-normative, separatist ethics. And, this is what we find. That Rothbardianism is rhetorically similar to international law limited by violence, rather than national law, limited by cooperation. Ergo: 3) engaging in argumentation (Rationalism) cannot demonstrate a preference for, or possibility of, a rothbardian (purely private property) social order. In fact, argumentation then demonstrates a preference for non-rothbardian social orders. In fact, as I argue, rationalism was invented as an extension of pilpul > theological interpretation > legal interpretation, specifically as a method of avoiding empirical evidence – ie: for lying. (ie: Kant/Marx/Rothbart/hoppe). Argumentation ethics then, by extension of this method, and refusal to use the operational and empeirical methods, demonstrates how easy it is to use rationalism to lie. 4) The reason being that people engage in ignorance, error, bias, wishful thinking, suggestion, obscurantism, propagandism, and deceit – and they must, because argumentation is itself a process of trades consisting of names (categories), properties, relations, values: a negotiation on meaning, and value. Argument, unlike mathematics, does not consists of axioms, but of theories, and hypotheses. 5) In fact, by the addition of full accounting, and productivity, warranty, and operational definitions to argument (categorical consistency, internal consistency, external consistency and reciprocity: voluntary exchange) we can dramatically improve the truth content of negotiations, producing something much closer to a discourse using laws (not axioms), even if it increases the cost of negotiating, heavily, such that truthful negotiation (argument) is closer to “possible”. You see, people do not engage in axiomatic argument, (truth) they engage in hypothetical negotiation (persuasion). Because the rarely if ever possess the information, intellectual agency, and rhetorical technology (or time for that matter) to engage in anything else. Argumentation is evidentially self-refuting, if we ourselves argue that argument consists of axiomatic and truthful propositions, rather than a negotiation on meaning and value. The means by which we force negotiations (ignorance, error bias and deceit) into something close to argumentation, is by the organized application of violence to demand truthful negotiations and attempt to improve argument from fraud into truth telling; and by doing so create a high trust, and therefore competitively profitable polity (market). The means by which we force negotiations (trades) closer to argument (truths), is through the organized threat of and application of violence prior to the negotiation (denial of violence, theft, and falsehood), during the negotiation (demand for truthfulness), and after the negotiation (violence by dispute resolution). People engage in ignorance, error, bias and lie. If it isn’t clear, I”m not negotiating, I’m threatening violence so that non-parasitic negotiation with long term returns can be brought into existence, by denying you the opportunity for parasitism that you seek. Otherwise I prefer violence, theft, or fraud, to parasitically exploit you. Because it is only under full reciprocity that you are worth not preying upon.

  • Another Useful Idiot – Rothbardian Flavor

    ANOTHER USEFUL ROTHBARDIAN IDIOT —“> asserts that there can never be a social order based on private property norms > engages in argumentation, thereby demonstrating a preference for and participation in a libertarian social order based on private property norms You wrote 10 paragraphs of performative contradiction, but at least you felt cool doing it.”—-Jared Howe Interesting how you’d even imagine that such a statement wasn’t anything but profoundly stupid. (Not sure I can provide a complete analysis of the fraud of marxist argumentation ethics without writing a whole book but lets at least lay down the outline and show how ridiculous you are – and how useful, educated but unintelligent, idiots are in the cause against possible liberty: Aristocratic Sovereignty) 1) All humans argue (produce a series of statements for the purpose of persuasion: changing state of another’s behavior.) They argue with ignorance, error, bias, and deciet. They argue with contradictions. They argue with fallacies. They outright lie. 2) No humans exist in a rothbardian political, social, familial, and personal order wherein the definition and scope of property is limited to physical, intersubjectively verifiable property. 3) An insignificant portion of populations STATES a preference for a rothbardian order. NO portion of ANY polity DEMONSTRATES a preference for a rothbardian order. Why? It is impossible to praxeologically (operationally) argue for the rational construction of a rothbardian order. It does not appear to be able to praxeologically (operationally) argue for the migration of such an order. It appears only possible that a tribal and migratory polity parasitically living off the territorial defenses and juridciald efenses of some other order, might employ this strategy as an ethical basis. Or for separate states to rely upon this form of non-normative, separatist ethics. And, this is what we find. That Rothbardianism is rhetorically similar to international law limited by violence, rather than national law, limited by cooperation. Ergo: 3) engaging in argumentation (Rationalism) cannot demonstrate a preference for, or possibility of, a rothbardian (purely private property) social order. In fact, argumentation then demonstrates a preference for non-rothbardian social orders. In fact, as I argue, rationalism was invented as an extension of pilpul > theological interpretation > legal interpretation, specifically as a method of avoiding empirical evidence – ie: for lying. (ie: Kant/Marx/Rothbart/hoppe). Argumentation ethics then, by extension of this method, and refusal to use the operational and empeirical methods, demonstrates how easy it is to use rationalism to lie. 4) The reason being that people engage in ignorance, error, bias, wishful thinking, suggestion, obscurantism, propagandism, and deceit – and they must, because argumentation is itself a process of trades consisting of names (categories), properties, relations, values: a negotiation on meaning, and value. Argument, unlike mathematics, does not consists of axioms, but of theories, and hypotheses. 5) In fact, by the addition of full accounting, and productivity, warranty, and operational definitions to argument (categorical consistency, internal consistency, external consistency and reciprocity: voluntary exchange) we can dramatically improve the truth content of negotiations, producing something much closer to a discourse using laws (not axioms), even if it increases the cost of negotiating, heavily, such that truthful negotiation (argument) is closer to “possible”. You see, people do not engage in axiomatic argument, (truth) they engage in hypothetical negotiation (persuasion). Because the rarely if ever possess the information, intellectual agency, and rhetorical technology (or time for that matter) to engage in anything else. Argumentation is evidentially self-refuting, if we ourselves argue that argument consists of axiomatic and truthful propositions, rather than a negotiation on meaning and value. The means by which we force negotiations (ignorance, error bias and deceit) into something close to argumentation, is by the organized application of violence to demand truthful negotiations and attempt to improve argument from fraud into truth telling; and by doing so create a high trust, and therefore competitively profitable polity (market). The means by which we force negotiations (trades) closer to argument (truths), is through the organized threat of and application of violence prior to the negotiation (denial of violence, theft, and falsehood), during the negotiation (demand for truthfulness), and after the negotiation (violence by dispute resolution). People engage in ignorance, error, bias and lie. If it isn’t clear, I”m not negotiating, I’m threatening violence so that non-parasitic negotiation with long term returns can be brought into existence, by denying you the opportunity for parasitism that you seek. Otherwise I prefer violence, theft, or fraud, to parasitically exploit you. Because it is only under full reciprocity that you are worth not preying upon.

  • America, the land where ‘decent’ and disciplined (moral) people work their asses

    America, the land where ‘decent’ and disciplined (moral) people work their assess off to pay absurd mortgage rates by borrowing from themselves (omfg), so that they can afford to move away from ‘indecent’ undisciplined (immoral) people, rather than paying trivial costs for trivial homes, where indecent people are prohibited from living.

    Make industrialization of home production unprofitable. And watch what happens…..


    Source date (UTC): 2017-04-20 12:16:00 UTC