Quote from: justdimin on April 01, 2021, 05:54:12 PM

Quote from: stompix on February 23, 2021, 11:27:37 AM

Quote from: justdimin on February 23, 2021, 06:16:08 AM

This is a write up by someone who doesn't understand the fact that crypto IS socialist,

Crypto is not socialist, crypto is pure capitalism.
Those that had money to invest have made more money, the ones that have zero to invest have zero.
There is nothing that resembles socialism in crypto in any way, no matter how much you try to twist reality.

Well, crypto IS socialist in the sense that it doesn't give the rich people power to change bitcoins situation, in capitalist nations like USA and UK we see how rich people get away with whatever they want because they are rich, hell banks who gave mortgages to people got bailed out when people failed to pay their mortgages but the people who couldn't pay weren't bailed out, why? Because someone with a home is not important to capitalism, but rich people are important.

Crypto doesn't separate, poor or rich everyone is same on blockchain level. And yes there were obviously failed socialist states there is no denying that, but I do want to ask, provide me with ONE nation that was managed by socialism that didn't have dictatorship and failed. You will have hard time because all those dictators you see on "socialist" nations do name their country socialist since quite frankly they do screw every citizen equally to be honest.

I have named scandanavia as great social democracy example, can you name me one nation that is capitalist and as good as that? I doubt so.

A Cryptocurrency Network is more like an Autonomous Nation with users/participants that share in its good Ideals/principles.
Users are meant to understand, and accept its ideals and be bounded them. Anyone can build or own company on a true Cryptocurrency Network, whether you are fan of socialism, capitalism etc. What should keep everyone working together in harmony are the ideals. You can build whatever you want ontop of a Crypto Network as long as they do not violate the community ideals/principles, if not, you should exist as foreign body and not have power to influence the network.