- #Socialism needs central banking as Marx and Engels wrote.

#Bitcoin ends it.

- #Socialism is necessarily based on theft as “to each according to their needs and from each according to their abilities” implies.

#Bitcoin is encrypting “you shall not steel” every 10 minutes into the immutable time chain.

- #Socialism in one sentence according to Marx is “the abolition of private property”.

#Bitcoin is the ultimate form of private property.

- #Socialism puts the state at the top and center of society.

#Bitcoin puts the individual above all.

- #Socialism has killed more than 100M people in the 20th century as its fundamental structure can only persist through coercion which ultimately has to lead to violence. #Bitcoin is based solely on voluntary participation and therefore doesn’t know nor produce violence.

- #Socialism’s economic model is based on central planning.

#Bitcoin is a pure and clean, permissionless, competitive free market.

I could probably find a couple more but the basic concept is: reality is real and A=A. Therefore: “A” cannot equal “not A”.

To believe in the feasibility of #Socialism means at best one hasn’t thought thoroughly enough about it. Worst case it means one isn’t thinking at all which is the root of all evil as it is the voluntary abolishing of the faculty that enables human’s survival and prosperity.

*sorry I put this comment first under my own note not yours. Happy to hear your thoughts 🙃.