Bitcoin is extremely capitalistic. Any progressive that embraces #bitcoin doesn’t understand it
I was surprised by this
But glad that Bitcoin ownership has a wide ideological base in the USA 🇺🇸
Full study: https://www.thenakamotoproject.org/
Discussion
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Communism can be summoned up in ONE sentence according To Marx: ”The abolishment of private property”… what is #Bitcoin IF NOT the ultimate PRIVATE property?!?
Bitcoin is 180 degrees from leftism, progressivism🤷
You can be a "progressive" and believe that inflation steals purchasing power from the middle/working class and gives it to the cantillionaires, therefore making Bitcoin a fair monetary system for everyone. Dont conflate "progressive" with communist.
Well, I define progressive as socialist. Why would you deny that this is what ”progressive” means?
That's provocative but simplistic and not true. Bitcoin is money. With a specific set of characteristics that differentiates it from other money. But these characteristics are not connected to capitalism or any other economic philosophy/system.
Communism can be summoned up in ONE sentence according To Marx: ”The abolishment of private property”… what is #Bitcoin IF NOT the ultimate PRIVATE property?!?
Bitcoin is 180 degrees from leftism, progressivism🤷 How’s that for ”simplistic”?
there are many more economic systems and philosophies than capitalism and communism.
And there is no axiomic overlap of progressive social or political views with the economic system of communism. Just because bitcoin's characteristics do not fit with communism a) does not logically infer that it's characteristics are therefore best fitting with capitalism and b) it cannot align wth a social or political progressive world view which can exist completely independent from the desire to adhere to a communistic economic system.