Blockchain — A Libertarian Socialist Revolution

[GangNamSK]

Bitcoin and cryptocurrencies are definitely not related to Socialism.
On the contrast, it's closer to the free market capitalism, even Ultra-capiatalism.
The rich will become more rich, those who acquired crypto-welth and invested it correctly - will profit.
I see nothing socialist in cryptocurrencies, and may be that's why socialists sometimes dislike crypto and bitcoin, as they want state to control a big part of economy and waste state budget for unnecessary spendings.

Socialism is a backward and very old ideology. It will prevent growth opportunities that do not belong to them. And they are afraid of losing and not being managed. The story is a force to laugh, do not you. We should simplify matters and freedom, especially not depend on anyone. This is the era of advanced electronic technology, not backward anymore.

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[Flodner]

Bitcoin and cryptocurrencies are definitely not related to Socialism.
On the contrast, it's closer to the free market capitalism, even Ultra-capiatalism.
The rich will become more rich, those who acquired crypto-welth and invested it correctly - will profit.
I see nothing socialist in cryptocurrencies, and may be that's why socialists sometimes dislike crypto and bitcoin, as they want state to control a big part of economy and waste state budget for unnecessary spendings.

Socialism is a backward and very old ideology. It will prevent growth opportunities that do not belong to them. And they are afraid of losing and not being managed. The story is a force to laugh, do not you. We should simplify matters and freedom, especially not depend on anyone. This is the era of advanced electronic technology, not backward anymore.

Thanks for quoting and I agree with you.
As I see this thread is not very popular, but it would be interesting to continue discussion about political philosophy and blockchain

[darkangel11]

Actually, socialism is fundamentally wrong by trying to achieve fake equality by ignoring the rights to personal property among many other. You can't have a fully socialist society without stealing from others. Let's say you own a huge piece of land and not growing anything on it. It's your right, you paid for it, it's yours. People who are poor and would like to farm your land come to you and you offer it to them for a part of their crops. That's capitalism.
Now, if they go to the state and the state forces you to divide the land among them and pays for it, so that each of you get an equal share of the land, that's communism, or socialism. Actually these terms are almost exactly the same. Communism is a bit more extreme and hostile towards religion.