Replying to Avatar antifragilemoney

Disagree. Communism can still attempt to coordinate or centrally control, just as they do today, using a money. The money could be shit, like fiat or it could be sound, like bitcoin.
Avatar
Laser 2y ago

You can have communism without the coercion, subjegation, and genocide? Do tell.

Reply to this note

Please Login to reply.

Discussion

Avatar
BitcoinJujitsu 2y ago

Imma wade right in and state that coercion is a strong force in all economic and governance models. It is perferable to violence. However, if it is the free market that is the agent of coercion and not the state, it's not communisim.

Avatar
antifragilemoney 2y ago

Huh? are you saying the CCP or some other communist regime couldnt buy bombs or soldiers or fund government operations and mandates by paying with and buying/confiscating bitcoin? i disagree, i think bitcoin is a fantastic money can be used by all actors, good or bad, its apolitical, amoral.

Avatar
Laser 2y ago

I'm saying that communist regimes require unlimited access to their subjects wealth. #Bitcoin drastically changes this power dynamic.

Avatar
antifragilemoney 2y ago

I agree with that