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   bhaugen (bhaugen@social.coop)'s status on Thursday, 07-Nov-2024 23:40:57 JST bhaugen

   in reply to

   • Powersource
   • 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

   @powersource @serapath
   Capitalism can be happy with bitcoin. All of capital's exploitation of labor and the environment can work fine with bitcoin.
   Capitalism could change if bitcoin was the only currency and all other wealth was gone.

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     Powersource (powersource@sunbeam.city)'s status on Thursday, 07-Nov-2024 23:40:59 JST Powersource

     in reply to

     • 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

     @serapath how tf is it equal if people who got bitcoin first have more than those who get it late. That's just a new class society with maybe a different name

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     𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧) (serapath@mastodon.gamedev.place)'s status on Thursday, 07-Nov-2024 23:41:00 JST 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

     in reply to

     • Powersource

     @powersource

     bitcoins main proposition is to make currency open source with fixed supply of at most 21 million.

     making everyone equal. no more money print8ng for VCs and the billionaires

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     𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧) (serapath@mastodon.gamedev.place)'s status on Thursday, 07-Nov-2024 23:41:01 JST 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

     in reply to

     • Powersource

     @powersource

     hm.
     you said number zero, fire, etc... meaning some sort of "fundamental thingy".

     All rulwrs and opressors throughout history has money printers and called it capitalism or whatever.

     i love p2p and permissionless world, open source and no access restrictions.

     i dont think it doesnt just end with permissionless sharing data, but pwrmissionlessly live in all its aspect.

     no gatekeepers. no intermediaries.
     anarchism and community.

     no billionaires ruling over us

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     Powersource (powersource@sunbeam.city)'s status on Thursday, 07-Nov-2024 23:41:02 JST Powersource

     in reply to

     • 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

     @serapath none of these statements follow on each other and are not arguments in themselves. You just seem rambling

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     𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧) (serapath@mastodon.gamedev.place)'s status on Thursday, 07-Nov-2024 23:41:03 JST 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

     in reply to

     • Powersource

     @powersource

     I agree that this is a rather funny comparison.

     The main idea for it - i assume - is that there is no central issuer, it is decentralized and limited in supply. That has never been achieved in history, even if you wanted, nobody could create such a mechanism.

     I think it could end capitalism

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     Powersource (powersource@sunbeam.city)'s status on Thursday, 07-Nov-2024 23:41:04 JST Powersource

     in reply to

     • 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

     @serapath "If you want to compare Bitcoin to something else, compare it to fire, the number zero, the wheel, the printing press, or electricity." Sorry this is just hilarious

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     𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧) (serapath@mastodon.gamedev.place)'s status on Thursday, 07-Nov-2024 23:41:05 JST 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

     Today I stumbled upon a very intersting (but also lengthy) blog post discussing currencies (crypto and fiat).

     Thought provoking.
     I definitely recommend reading it.
     If anyone has any opinions on what is being said I'd be interested to hear them.

     I'm not entirely sure what to make of the article, but points out a lot of interesting things which might be very relevant now that trump was elected.

     https://dergigi.com/2022/11/19/dear-crypto-fiat-bros/