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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin is more Marxist Incline on: August 22, 2021, 12:52:54 AM
what is marxist?
in a simple definition, Marxist is an economic theory that focuses on the struggle between the capitalist and the working class.

The capitalist focused on profit maximization and a capitalist state is more tax oriented and the government generates profits and this system was made popular in the nineteenth century. The government provides services to it, citizens, with the mindset of making profits and not providing social amenities as it responds.

Marxist theory advocate that this class struggle will lead to an economic revolution where the citizens will overthrow the government and take over the economy.

if you Look at Bitcoin closely as a decentralized currency that will overthrow the traditional financial system and take total control of the economy because bitcoin is controlled by the people and not the capitalists whose only interest is how to regulate and tax it, citizens, through the third party centralized institutions.

This draws me to the conclusion that Bitcoin was birthed with a Marxist orientation and the is why the capitalist and other centralized government systems hate it because of the financial freedom it offers.

The CCP banned Bitcoin. . .
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