Bitcoin PoW is in fact a Communist system, not a Capitalist one... the irony that all the Anarcho-Capitalists don't even know this, yet all of them say they like Bitcoin & PoW system.
I don't think Bitcoin (the system, which is now working as intended in Bitcoin Cash blockchain) is bad, where did you get the idea that I think its bad?
I understood something wrong in ur post.You mean free markets are not a rule in capitalism but they can exist in capitalism, thats right. Bitcoin is pure capitalism.
Use Monarchy as example, does the system of Monarchy (or Slavery or Feudalism) change depending on person that is the Monarch? No, it doesn't. Its exact same thing with Capitalism.
I am a capitalist but my interpretation of capitalism is that my capital is my health and body. I think your target are money addicts. Same way terrorists can never be religious.
And there is no such thing as Crony Capitalism. There are only people who are Crony who are also Capitalists. The system itself does not change depending on person using it.
No, it is your definition of capitalism (definition created by propaganda) that is wrong. Capitalism only means that those with Capital/Stake own means of production. That's it.
Money addicts claim to be capitalists to justify their addiction. Terrorists claim to be religious to justify their mental disease. Books get many people confused. Logic actually works
You just don't get it. Capitalism is just private ownership of means of production. Thats all it is. You see definitions thare simply plain wrong. Capitalism does not mean free markets
Right and wrong only exists in mathematics. Everyone can choose how to live his life and what to believe in. Many choose to believe in words/books/tv more than in observation/logic.
You're going down the Marxist route with this line of thinking. It is not a crony system by default. Can it be? Sure, just like anything else. You seem to have a negative view of it.