What are your thoughts on #bitcoin
? Hard to imagine having a truly free market with fiat currencies at the wheel
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I love crypto; I bought my first BTC at $20. I'm more partial to ETH really, and I also hold a lot of XMR. The ethos behind crypto is absolutely something I love.
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“America’s Hampered Market System is failing its people! Something must be done!”
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Real capitalism has never been tried.
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??? Please elaborate.
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Like when someone point out the problems of communism in the Soviet Union and people go "but the Soviet Union wasn't communist!"
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I've been saying it for awhile: we're
#CapitalistNoMore, having allowed#CronyCorporateCreditism to wrap its python muscles around our economic body-politic. I love the ethos of non-central bank cryptocurrency, tho' I've only a little % of my outside-the-system savings therein.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Federal Reserve job is to keep increasing the wealth gap and decide which companies succeed and which fail. Far from a free market
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America's "almost real capitalism" beats USSR/NK/Pre-Deng China/Vietnam/Cuba's "almost real communism" by a mile.
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Cali may be the worst place in the world for small businesses. I live here, love it here, and have had (tiny) businesses here, but would never do it again unless I was so rich I didn't need to.
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That said, I think it's usually "our capitalist system has failed us", and that's pretty true imo. I don't have the answer, as I think nearly any system can work if run by capable, responsible people, and no system can work if run by short-sighted self centered scumbuckets
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