I think socialism
Has a chance under a Bitcoin standard. Immutable money leads to less inefficiencies
I think socialism
Has a chance under a Bitcoin standard. Immutable money leads to less inefficiencies
Youâre kinda on to something here.
A âShower thoughtâ from years ago in my journal:
TL;DR: Bitcoin might, in theory, enable socialism by decentralizing resource sharing, mimicking how families and tribes naturally cooperate. Socialism works in small groups due to trust, but scales poorly because selfish genes (per The Selfish Gene, Dawkins) drive competition over scarce resources. Without infinite wealth, Bitcoinâs fixed supply could fuel rivalry instead. Small-scale sharing, though, reduces stress and may boost longevity.
Could Bitcoin make socialism viable on a larger scale? Itâs a provocative idea: a decentralized currency might, in theory, enable equitable resource distribution without centralized control. Socialismâwhere resources and production are shared collectivelyâoften stumbles in large societies due to inefficiency, corruption, or mistrust. Yet, at a family or tribal level, it thrives naturally. Families share food, shelter, and labor without formal ledgers, driven by trust and mutual survival. Tribes, too, pool resources to ensure group resilience, a strategy that likely boosted longevity in early humans by reducing individual scarcity.
Why does this break down at scale? As Richard Dawkins argues in The Selfish Gene, our genes prioritize their own survival, pushing competition when resources are finite. Large societies amplify this, as strangers lack the trust or kinship of a tribe. Scarcity breeds rivalry, and centralized systems often mismanage or hoard wealth. Bitcoin, with its fixed supply and transparent blockchain, could theoretically bypass corruptible middlemen, letting people directly share value. Imagine a system where digital "tribes" exchange resources globally, mimicking the family model.
But hereâs the catch: Bitcoin doesnât create infinite resources. The original thought mused that socialism might evolve naturally with boundless energy or wealthâa fantasy for now. Without abundance, selfish genes still drive competition, and Bitcoinâs scarcity might even heighten it. Plus, human nature resists equal sharing beyond trusted circles. For longevity, though, small-scale socialist principlesâlike communal support in familiesâreduce stress and promote health, suggesting we might borrow from tribal wisdom rather than banking on bitcoin.
âThank you for listening to my TED Talk. đ
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this made me laugh