Working on a new piece â âWant to Fight the Oligarchy? Try Bitcoinâ
Hereâs an intro to the piece, dropping via progressivebitcoiner.org in the next couple weeks âŹď¸
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Every progressive knows the story by now: a handful of billionaires, megacorporations, and political insiders have turned democracy into a marketplace. They buy access, write the rules, and leave the rest of us wondering whether representation still means anything at all when it seems more and more our political leaders are bought. Thatâs oligarchy â rule by the few, for the few, often through wealth, corporate control, or political capture.
We talk about taxing the rich, breaking up monopolies, getting money out of politics, or which political party to vote for. But few ask a deeper question â why do we still rely on the oligarchyâs money itself? What if there was another system and money that relied on rules not rulers, equal access, and no permission needed?
The banks that deny loans, the payment processors that freeze donations, the corporate platforms that track every transaction, the government bureaucrats who write the rules for how their money works, who gets to use it, and under what conditions â theyâre all part of the same architecture of control.
Contrary to popular belief on the left, Bitcoin isnât a tool for the oligarchs. Itâs the first monetary system in human history that doesnât depend on trust in elites, governments, or corporations â just open source code, math, and the same consensus rules applied to everyone who uses it. Bitcoin was created in the wake of the Great Recession, an event arguably orchestrated by corporate greed and recklessness mixed with government failure to protect consumers and bailouts for the rich. Bitcoin is the answer and response to oligarchy control.
If the goal is to dismantle unjust concentrated power and the system that rewards the elite at the expense of the rest of us, maybe itâs time progressives stop dismissing Bitcoin as a libertarian or MAGA toy and start seeing it for what it is: the peopleâs money. Bitcoin gives us a peaceful way to opt out of an oligarchical system built on control and inequality and to participate instead in a network that treats everyone by the same rules. This is why we say Bitcoin is the peaceful, global revolution. Itâs working and here today, if we want it.
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