Well, before Bitcoin we had a century or so with NO real free markets or real money at all…
With some exceptions that met a brutal end, of course
Discussion
fair point Bitcoin is arguably the most free market capitalist idea to ever be conceived. But I would argue people who say “Late Stage Capitalism” are misinformed because they really mean “Late Stage FIAT”
Of course, almost none of them are capable of thinking, especially on their own!
Well said
And what we have today, in the West, or anywhere else in the world, is NOT a capitalism.
It is a mixed economy, as Ayn Rand used to call it.
Elements of freedom.
And a lot of regulation.
What would you call it? Crony-Capitalism? Capitalism with big government? Capitalism with Money Printers