Replying to Avatar BitcoinMike

I too enter the space from the progressive side, bitcoin is not tethered to any political ideology. It’s akin to aliens giving us something that makes all previous ideologies obsolete. Before one lists libertarian principles with bitcoin, ask yourself this question. If bitcoin causes prices to fall forever because of the gains of technology which get passed to all of society that in itself is a left leaning principle. Bitcoin is the best of all principles because it anchors money, once you do that all previous ideologies get thrown out the window.
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Jim 2y ago

I think a key thing for non Bitcoin progressives to come to understand is that the redistribution of the billion class they/we seek cannot even begin until the money has been anchored.

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BitcoinMike 2y ago

People think that this transition will be easier for the rich because they have the capital to buy bitcoin. I contend it’s harder for them. If you buy into the idea that all monopolies go inward many will fall on their sword. The poor have nothing to lose and just will exist the rich system. Bitcoin far more of a bottom up technology.

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Jim 2y ago

Having nothing to lose is hope in itself I guess. 👍