one absolutely unprecedented consequence of bitcoin few yet grasp: communist revolution is now impossible
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Replying to @micsolana
It would make the black markets that inevitably exist under communism much more efficient, but it can’t do much to stop masses of people from seizing physical goods and not enforcing property rights. Commie revolutions are like $5 wrench attacks at scale
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Replying to @bearmace
i agree that a very large group of people could still burn down most of any given civilization if committed, but any 'communist government' in power would quickly starve to death without control of capital
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1 retweet
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