use the following search parameters to narrow your results:
e.g. subreddit:pics site:imgur.com dog
subreddit:pics site:imgur.com dog
advanced search: by author, sub...
~2 users here now
cryptocurrency and related discussion
The Great Wall: Why China’s Central Planners Can’t Handle Bitcoin
submitted 1 year ago by Drewski from bitcoinmagazine.com
view the rest of the comments →
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
Spurred on by jealousy, fear and spite against its own budding and prosperous merchant class, the ruling elite — aka the central planners — ordered all ships be set on fire. An act of pure self-immolation as it turns out. This stranded the Chinese people, unable to explore the outside world, and left them isolated and vulnerable to the horrors of the Opium Wars that colonial Britain brought to their shores.
Spurred on by jealousy, fear and spite against its own budding and prosperous merchant class, the ruling elite — aka the central planners — ordered all ships be set on fire. An act of pure self-immolation as it turns out.
This stranded the Chinese people, unable to explore the outside world, and left them isolated and vulnerable to the horrors of the Opium Wars that colonial Britain brought to their shores.
How are we to assume that those merchants were innocent? The Opium Wars were the handiwork of one Iraqi Jewish merchant named David Sassoon. Evidently, they didn't burn enough ships.
view the rest of the comments →
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)