Topic: Capitalism, Socialism, Altcoin Land (Read 320 times)

What follows is prefaced with the acknowledgement that the OP used Capitalism and Socialism in CAPS and in side-by-side relation. When we think of Socialism and Capitalism as complete political systems (are there any other systems that matter more in quality of life and survival?), fear is what determines how successful a capitalistic "lord" system is at redistributing (redistribute is an innocuous word that shows the observer's lack of side taking)wealth in a more satisfactory fashion in the overall demand of Capitalism--we are accepting Nick Land's observation that Capitalism's main goal (fear) is (non-death [it's not by accident that Singularity is the term to both describe a-timeless-moment and the birth of an intelligence that cannot comprehend the workings of its world without artificial means] --mouthful, I know, but it's important to make the semantical structure accurate [or as accurate as possible] to avoid miscommunication).

I'll skip a treatise on Capitalism to validate/invalidate my world conception ( though it's wrong--it has to be), but what the aim of any philosophical thought should be is: less wrong or more right--though less seems more when men tend to take a little right and make it a lot wrong. What's important to answering your question is to ask if cryptocurrency helps Capitalism move (always faster, sometimes more efficiently, sometimes not) and fits the long pattern of Capitalism building sub-systems that are more and more efficient at creating more time (for rest or work is beside the point, as is whether it creates more time for you or not--its a system, we're just parts keep this statement in context, please).

If you take that cryptocurrencies make more time by creating a faster security apparatus, then you should conclude that cryptocurrencies do have a connection with Capitalism.

 

read this:
https://en.wikipedia.org/wiki/Capitalism#Characteristics

then think about your questions again.


no


no


no.

What connections do u see between the altcoin scene market and the conceot of Capitalism?

Could u point out what principles r at work in the altcoin space, both in theory and in practice?

Because I don't know of standard definition of capitalism. Is capitalism more than markets?

- Is the cryptoland based on Capitalism (Blockchain?) or Socialism (Foundations etc) ?

- Do the Bitcoin and Altcoins reflect FREEDOM in the way Coca Cola is doing?

~CfA~