miners = capital?
You drew that conclusion, not satoshi.
You never made an argument here until now. You simply stated refuted opinion.
Your evidences of 'capitalism' are pretty weak support by satoshi. Let's actually start going through them.
Frankly your arguments are degrading into word salad, but I will try to reply to them. Yes, lets. I don't have to draw any conclusions. Miners are property. Property is Capital. It is a simple fact, or do you claim to have your own reality now too? This isn't complicated stuff.
Initial distribution. Woo! Proof of work is also consensus my friend... but let's ignore that fact.
Once again, how is consensus reached? The longest chain. Who determines the longest chain? Those who control the most hash power. Who has the most hash power? The ones with the most capital (miners). I am not ignoring anything.
That's capitalist because honest people should stay honest? I don't really see the connection to capitalism.
It is Capitalist because it is a system that rewards mutual cooperation and creation of capital via a protocol of competition and mutual greed. This is how Capitalism works. I have item A, I want Item B, you want Item A, so we make a mutually beneficial EXCHANGE OF CAPITAL. In this case the risk is the investment in miners and electricity cost and the reward is the block rewards and transaction fees. The system expects selfishness and uses it in a productive way.
Attacking the network and making your worth valueless seems silly if you're invested in the network. Pretty standard stuff.
Yes, pretty standard stuff... under the rubric of Capitalism & a mutually beneficial protocol based upon it.
Protections against the network and against a 51% attack, right right. Not really linked to capitalism, but just good nodes vs bad nodes.
Once again, my premise was that Bitcoin uses mutual greed or selfishness to create rewards within the protocol. This is yet another example of why it is more profitable to cooperate than to fight the network, again demonstrating using mutual greed to drive this protocol.
Huh, out of all the links you linked, this statement is about the only thing that backs up your claim;
Actually, they all do. That is why I linked them.
In later years, when new coin generation is a small percentage of the existing supply, market price will dictate the cost of production more than the other way around.
which is still rather ambiguous in terms of capitalism vs socialism.
Yep, everyone knows Socialists are all about letting the market determine prices.
Fun counter-example:
The CPU proof-of-worker proof-of-work vote must have the final say. The only way for everyone to stay on the same page is to believe that the longest chain is always the valid one, no matter what.
Drawing the
same pop-culture reference to worker's vote being final.
Consensus = proof of work = hash rate = miners = money = electricity = CAPITAL
There you go parroting again... really this is a bad look. Try to come up with your own thoughts instead of just repeating my own words back to me. I don't even know what the fuck that last sentence is even supposed to mean.
If a majority of CPU proof-of-worker is controlled by honest nodes, the honest chain will grow the fastest and outpace any competing chains.
Worker's working together rather than against each other due to
malicious competition being outpaced.
Yes, because those potential malicious actors are rewarded for their mutual greed rather than overthrowing the system, they are paid to support the protocol, once again supporting my premise.