And again, everyone is being stupid thinking that PoW is Capitalist system, because its not, instead its Communist system, which is: you only get rewards when you do the work yourself.
And I have not heard any single person in crypto space say/write thing except me. Everyone is brainwashed in at least some form or another and no one understands this.
& who cares which system it is? As Sam said, why not just be happy so many people with diverse ideas/opinions/positions are using it?
There is overlap between communism and cap. & the reasons you’ve cited for why bitcoin is communist do not differentiate it from something that could also exist in a cap. ecosystem
forcing it to be one system is like arguing even though both economic systems use money, some country using money must be communist based only on the fact it uses money.
¿porque no los dos?
It is also perfect for anarchism since it requires no state to exist. It is also perfect for globalists like me who want a global currency that can ignore borders.
Narcissist much? In reality most communists who like crypto share your idea. It is also perfectly capitalist. Bitcoin is capital, and is not issued by the state, but by capitalists.
Bitcoib is not issues by capitaliats, but by workers, who are miners. Capitalists get rewards from other people's work, miners don't. Miners get rewards from their own work done only.
The work done is related to the capital investment they put up front. More work gets done in capitalism due to capital investments.
And who does the work? Who works in factories? Capitalist owner or other people? So please, drop that capitalist propaganda crap. I am way smarter than that.
Division of labor, eg. telecom: hundreds of people are answering the calls, tens of people are supervising, CEO hires/fires, investors discover the price of the enterprise. More wealth
More wealth for whom? Not the workers, capitalism is systematic exploitation. Any normal human being can see this.
Sadly most people are no longer normal. Normal has shifted into idiots range.
You want to know what involves no real work. Crypto mining. It is about capital investment, and the ROI you receive. If you pay someone to maintain the miners, is it all their Bitcoin?
When you pay someone to maintain the miners that is you paying them for a service. The hardware is what does the work of mining, not the people maintaining the hardware.
According to communism that service is the only labour going on. So that one guy can claim all the miners are his according to you.
This is like paying someone to clean your house or mow lawn, you pay for a service. Capitalism is when someone has cleaning business, sends other people to clean and they take profits.
So you now want to say that mining crypto is not real work? While Its not human physical work its still work done from energy that all comes from the miner, not anyone else.
So it is capital investment, and ROI. Very capitalist.
The worker does the work in the factory, but the capitalist multiplies the productivity buy investing in equipment. You over value labour. You really need to learn how things work.
What you keep ignoring is that thit money capitalist puts into equipment is capital from profits which is all wealth that workers created, not the capitalist.
This is wrong. Often the capitalist uses loans, and their own labour, to get the money to invest in the equipment. Also, profit isn't from not worker labour. It is from customers.
This is simply wrong. You have no profits until after having a business. Often the capitalist works themselves harder than they can legally work an employee in order to get the loans
and use the profits to pay back the loans. After that the profits are often reinvested in he company, and any the capitalist takes is well deserved.
