Capitalism must be met with good intentions. A capitalist whose intent and sole focus is to profit maximise can only achieve so by exploitation of the poor. There needs to be a balance.
smart contracts at the moment, but this will be possible on the bitcoin cash blockchain eventually. So it's a temporary competitive advantage that will turn into a default feature on most good
I think the austrian school of economics better explains the implications of bitcoin if we were to go down the route of trying to attach an economic framework to it.
pay attention to the BCH/BTC ratio - that's more important than the FIAT price. Just two months ago we were trading at 0.09 BCH/BTC and now we're sitting at 0.14 BCH/BTC despite t bloodbath
Of course, as silent as they were with the Zcash announcement - zcash rallied 30% following the announcement, I expect a similar rise causing us to break the 0.185 resistance.