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As most libertarians are beginning to learn, intellectual property is not property, and nothing good can come from treating it as such. The lack of copyright in 19th century Germany facilitated the emergence of a lively and profitable market for literature and knowledge available to even the poorest. Meanwhile in copyright-enforcing England, only the richest could afford books and even the most successful writers struggled to profit.

The funniest paragraph from the article:

Sigismund Hermbstädt, for example, a chemistry and pharmacy professor in Berlin, who has long since disappeared into the oblivion of history, earned more royalties for his "Principles of Leather Tanning" published in 1806 than British author Mary Shelley did for her horror novel "Frankenstein," which is still famous today.

https://www.spiegel.de/international/zeitgeist/no-copyright-law-the-real-reason-for-germany-s-industrial-expansion-a-710976.html

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Broken clock being right again. Libertarians, anarchist should remind AOC she needs to pull away from centralization and pro-war government

You run into someone with pretty ordinary political views, who has never heard of anarcho-capitalism, how do you pitch it to them?

Decentralized Oracle networks like Chainlink continue to accelerate in the blockchain space. The purpose of such networks is to provide accurate information about real-world events to blockchain-based smart contract systems.

I would argue that such networks, once sufficiently advanced, will be able to support a smart-contract-based "Personal Safety Insurance DAO" or PSI-DAO, and that such a structure might effectively replace or otherwise render obsolete "the police" as we know it today.

The (hypothetical) PSI-DAO will act like any other insurance company, as in it will take in regular premiums from policyholders, and pay out when adverse events, i.e. "crimes", happen to the policyholders.

But behind the scenes, it is an entirely novel entity. First, the system is 100% transparent, with the rules and logic for on-boarding, identity and data verification, payouts, adjudication and etc existing as open-source code. Decisions are made instantaneously by algorithm, no "stonewalling" or bureaucratic slowdowns.

Now what's the hard part? Real-world information, which is exactly the sort of thing that Oracle systems like Chainlink try to provide. The (policyholder) user would need to submit some demographic information, which could be provided in the form of a zero-knowledge proof so that personal information isn't directly exposed to the blockchain.

Demographic and personal information might include things like:

• Age
• Gender
• Place of residence
• Security
  • At residence
  • At place of work
  • "On the go", "on-call" security services, etc
• Firearm ownership
• Previous "criminal" history or other reports of bad behavior

& Etc. Reports of crimes could be provided with similar zero-knowledge proofs validated by decentralized oracle networks. Note that not all "PSI-DAO's" will be the same... Some might require more, or less, or different information. The point is to capture a minimal necessary set of information to assess an individual's risk of being the victim of violence, which is essentially a "market discovery" process.

The "police" aspect of this is that there is an economic incentive in the system to provide for security. This could take the form of reduced premiums for any of the stuff under the "security" stuff in the list above, or perhaps the PSI-DAO itself, because all of its members are incentivized to minimize payouts, actually provides security to its members.

In modern advanced societies, most people go about their daily lives without being the victim of crimes. This is exactly what insurance was meant to provide for: renumeration for rare but extremely adverse effects in a large population.

What are 10 items every Ancap should own? My 10

1. car, it'll help you escape danger, and find new shelter. it'll help you deliver and receive goods. you can use it to make money

2. gun

3. cellphone

4. water & water bottle

5. knife

6. commodities

7. lighter

8. cordage

9. food

10. compass

For me it's "CORPORATIONS DON'T EXIST IN CAPITALISM MORON!"

Idk why it's so fucking hard to understand that capitalism is antithetical to corporatism. Why can't people understand this??! capitalism = no state intervention. corporations are literally a state construct.

Every single day I hear someone irl, or see a post or comment online of some armchair economist passionately and angrily blaming corporate greed on capitalism and it's so annoying.

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Based on data analyzed from 1926 through 2023 by Retirement Researcher, the average annual return for the S&P 500 under a unified (i.e., one party controlling both houses of Congress) or divided Congress is as follows:

• Unified Republican: 14.52% average annual return over 13 years
• Unified Democrat: 14.01% average annual return over 36 years
• Divided with Republican president: 7.33% average annual return over 34 years
• Divided with Democratic president: 16.63% average annual return over 15 years

Using this data, we can see that Republican presidents have overseen a very respectable 9.32% average annual return in the S&P 500 since 1926. However, Democratic presidents have enjoyed a considerably more robust average annual return of 14.78% in the S&P 500 during 51 years in the Oval Office.Source

https://www.fool.com/investing/2024/10/13/is-donald-trump-or-kamala-harris-better-for-stocks/

I absolutely refuse to vote for Kamala or any Democrat that’s adherent to the current agenda and ideology of the left. However, I’m also not supporting Trump. I don’t believe he genuinely believes in or supports the Constitution or any of the founding principles of our nation, and so I’m not certain I can get myself to vote for him. Should I? Or am I right? I might just write in Ron Paul