{"id":9566,"date":"2012-03-28T02:45:00","date_gmt":"2012-03-28T09:45:00","guid":{"rendered":"http:\/\/www.backwoodshome.com\/blogs\/ClaireWolfe\/?p=9566"},"modified":"2012-03-28T02:45:00","modified_gmt":"2012-03-28T09:45:00","slug":"two-on-the-free-economy","status":"publish","type":"post","link":"https:\/\/www.clairewolfe.com\/blog\/2012\/03\/28\/two-on-the-free-economy\/","title":{"rendered":"Two on the free economy"},"content":{"rendered":"<p>The Tireless Agorist <a href=\"http:\/\/tirelessagorist.blogspot.com\/2012\/03\/greece-surrenders-to-underground.html\" target=\"_blank\">looks at the burgeoning underground economy<\/a> in Greece.<\/p>\n<p>And <i>Forbes<\/i> asks if <a href=\"http:\/\/www.forbes.com\/sites\/jonmatonis\/2012\/03\/19\/could-bitcoin-become-the-currency-of-system-d\/\" target=\"_blank\">Bitcoin might become the favored currency<\/a> of an international System D.<\/p>\n<p>I&#8217;m as skeptical of Bitcoin as I am of every cyber currency (once burned &#8230;). And my first thought on reading the <i>Forbes<\/i> piece was, &#8220;What will the USA fedgov&#8217;s 900-pound gorilla do?&#8221; But one of these days, the flailing arms of that monster gorilla will be able to do &#8230; nothing. Some innovation in free-market money will defeat it. If it&#8217;s Bitcoin, good for Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tireless Agorist looks at the burgeoning underground economy in Greece. And Forbes asks if Bitcoin might become the favored currency of an international System D. I&#8217;m as skeptical of Bitcoin as I am of every cyber currency (once burned &#8230;). And my first thought on reading the Forbes piece was, &#8220;What will the USA fedgov&#8217;s 900-pound gorilla do?&#8221; But one of these days, the flailing arms of that monster gorilla will be able to do &#8230; nothing. Some innovation in free-market money will defeat it. If it&#8217;s Bitcoin, good for Bitcoin.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,20,28,30],"tags":[],"class_list":["post-9566","post","type-post","status-publish","format-standard","hentry","category-government","category-money","category-privacy-and-self-ownership","category-resistance","ratio-natural","entry"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/posts\/9566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/comments?post=9566"}],"version-history":[{"count":0,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/posts\/9566\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/media?parent=9566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/categories?post=9566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.clairewolfe.com\/blog\/wp-json\/wp\/v2\/tags?post=9566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}