Socialism isn’t on the rise, it is a psy-op, and always has been.
Who in Power has ever cared about poor people?
We need to focus on Corporatism, Corporate Socialism if you will. This is the battle.
Bitcoin doesn’t undermine Socialism, it undermines Corporatism (in this day and age).
socialism definitely isn't the solution but bitcoin isn't either. currency of any type cannot be decentralized. people don't see that now because bitcoin is still new; it's not the standard. but if it ever does become the standard everyone will eventually see that centralization will slowly but surely come about.
Bitcoin is unequivocally a decentralized currency. I’m not arguing, but there is no doubt about this.
If it wasn’t, virtually every Nation State wouldn’t be creating their own, VERY Centralized currencies to counter it.
If Bitcoin wasn’t decentralized, the SEC wouldn’t be denying it an ETF while Wall Street embraces any number of shit-coins.
If Bitcoin wasn’t decentralized, it wouldn’t be infiltrating and becoming an adopted currency in collapsing nations.
We’ve never had a truly permissionless, in-corruptible money. In Human lifetime. We’re all fuzzy on how this matters and how it will play out.
But it is happening, and it’s incumbent on all of us to spend time to learn about Bitcoin, and how this will play out. We can’t afford to “fuck around and find out”.
Explain to me how it can remain decentralized. I understand that nations are creating their own digital currency but how can Bitcoin remain decentralized?
Thinking years down the line (should it ever become the standard) how would someone who has The most Bitcoin not be influential enough in making decisions impacting Bitcoin that benefit them, in wanting to improve their status and position from those with fewer Bitcoin, outside of coercion? Whatever decision that individual makes will take hold because of financial influence over those who would follow orders. They're paying for influence to get their way.
It may not be any nation that makes this happen but someone with enough Bitcoin can eventually control the Bitcoin world.
Centralization seems inevitable.
