Bitcoin is more Marxist Incline - page 2.

Poker Player

legendary

Activity: 1372

Merit: 2017

Quote from: DooMAD on August 18, 2021, 04:48:03 PM

I certainly don't see any marxism here.

Quote from: just_Alice on August 18, 2021, 06:44:56 PM

I agree with @cr1776, you’re mixing things up here.

Quote from: uneng on August 18, 2021, 06:52:01 PM

Decentralization has nothing to do with Marxism...
In a marxist society you wouldn't own any bitcoins. All your coins would be seized by the communist party or the big brother. Wake up!

I agree, he is wrong and mixes things up. For example:

Quote from: Tessnik on August 18, 2021, 04:09:03 PM

a capitalist state is more tax oriented

No, in reality pure capitalism, has few taxes, and ancap would tell you that it should tend to 0 taxes. So check your notions because it seems to me that what happens here is that you are a Marxist and then you tend to see everything in your prism, but try to see things from an objective point of view.

uneng

hero member

Activity: 2044

Merit: 784

Leading Crypto Sports Betting & Casino Platform

Decentralization has nothing to do with Marxism. Decentralization respects individual rights, private property, voluntary trading and is based in meritocracy, while marxism goes against all those fundamental principles. Marxism might be against state's opression only on the paper, because in reality it's an opressive mentality making use of the state's power against the individuals of a society, or as they like saying: the ~~sheep~~ people.

In a marxist society you wouldn't own any bitcoins. All your coins would be seized by the communist party or the big brother. Wake up!

just_Alice

hero member

Activity: 1274

Merit: 622

I agree with @cr1776, you’re mixing things up here. Socialism isn’t about freedom, it’s about equity (or, rather, an illusion of it), so Bitcoin is in no way Marxist.

Regarding the “overthrow the government” issue. That’s the major problem of the two sides right now. The governments fear and believe that cryptocurrencies will cause anarchy and try to take control over the situation, while there’s absolutely no need to.

But the crypto community doesn’t have such things in mind, the key idea - is simply gaining more independence and anonymity on the financial front, not overthrowing it! Moreover, many, hopefully, are smart enough to understand that one can’t function without the other, and it would be no benefit to the crypto community to overthrow the current financial system.

DooMAD

legendary

Activity: 3948

Merit: 3191

Leave no FUD unchallenged

Quote from: Tessnik on August 18, 2021, 04:09:03 PM

if you Look at Bitcoin closely as a decentralized currency that will overthrow the traditional financial system and take total control of the economy

There's a difference between disrupting traditional finance and overthrowing it. If anything, Bitcoin will force traditional finance to adapt and improve. It's probably fair to say that society has a bit of an addiction to debt which isn't getting cured any time soon, so Bitcoin will never completely take over. I certainly don't see any marxism here.

cr1776

legendary

Activity: 4228

Merit: 1313

Marxism - and socialism, communism, fascism and other authoritarian forms of control - are all based on coercion and force, the opposite of liberty and freedom. Bitcoin requires no compulsion or coercion, everything from mining to running a node to partaking in any transaction is completely voluntary.

Marxism's/socialism's/communism's/etc ideas are so good that everyone has to be forced to do them (sarcasm). Bitcoin's are so good that everything is voluntary. Use it or don't, it is your choice.

Just to be clear, the capitalists are not the ones wanting to tax and control. Around the world it is the socialists, communists and fascists who don't trust people to make their own decisions and want them controlled. They want a cut of everyone else's income and will use the force of government to obtain it.

Capitalist systems are dependent on voluntary cooperation and voluntary trade. All without any centralized coordination, just free people in free markets taking care of themselves. Marxist systems are based on the point of a gun forcing everyone to act as some centralize authority sees fit.

Tessnik

member

Activity: 336

Merit: 16

what is marxist?
in a simple definition, Marxist is an economic theory that focuses on the struggle between the capitalist and the working class.

The capitalist focused on profit maximization and a capitalist state is more tax oriented and the government generates profits and this system was made popular in the nineteenth century. The government provides services to it, citizens, with the mindset of making profits and not providing social amenities as it responds.

Marxist theory advocate that this class struggle will lead to an economic revolution where the citizens will overthrow the government and take over the economy.

if you Look at Bitcoin closely as a decentralized currency that will overthrow the traditional financial system and take total control of the economy because bitcoin is controlled by the people and not the capitalists whose only interest is how to regulate and tax it, citizens, through the third party centralized institutions.

This draws me to the conclusion that Bitcoin was birthed with a Marxist orientation and the is why the capitalist and other centralized government systems hate it because of the financial freedom it offers.

Topic: Bitcoin is more Marxist Incline - page 2. (Read 299 times)