thanks. I would note though that if Hyperbitcoinization happens Marxism / socialism becomes essentially impossible. Bitcoin is fundamentally a hyperfree-market, slightly right-leaning anarchist technology.
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Replying to @paulkrugwoman @MustStopMurad
Socialism has always and will always be a consensus based system (among the labor class). Using crypto currency and IoT tech - it would be easy to implement a ubiquitous workers and currency cooperative... Similar to how dynamics of BDS/ Kosher only purchasing works
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it would be just as easy for everyone to simply use Bitcoin and not whatever future shitcoin you're talking about
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Okay intelligent Sir... Maximalist Maximalism is always Wrong over time.. Vinyls MySpace Horse and Buggy MP3 sales ICE engines Fossil fuels You name it... The cycle of all assets, tech, and organization is the same Early, peak, decline
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Money doesn’t work like that. It converges to one. Check the gold standard by late 1880s and what happened to the gold:silver ratio as an example.
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Replying to @MustStopMurad @BeerdHead and
Oh no you're not actually comparing a worthless semi-decentralized database to a real world commodity that can't be forked infinitely out of thin air, right?
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Replying to @Apocalypse_fb @MustStopMurad and
Tread lightly here Apocalypse :) These Bitcoin Maximalists have very very tightly sealed ideology (in general, critical thinking) vacuums
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Replying to @BeerdHead @Apocalypse_fb and
no, you profoundly misunderstand Bitcoin. It will cause the very concept of nation-states to all turn into for-profit corporations and every resource to get privatized
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Replying to @MustStopMurad @BeerdHead and
That is profoundly not even close to being possible.
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