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Author Topic: Identify Left Leaning Principles of Bitcoin  (Read 40 times)
worldtraveller321 (OP)
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June 08, 2026, 09:19:21 PM
 #1

What would you consider to be more left leaning principles of Bitcoin?
Also how would this principles work for the actual people and society if it was more in place over the current system we are all on now?

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June 08, 2026, 10:23:35 PM
 #2

Bitcoin is anti-elitist. This is historically a left-leaning position, even if also some "right wingers" claim it, but if "left-leaning" means "directed to more equality", it fits well. Everybody can own it. You don't need permission by the elites to use it.

Then there is possibly (as a long term effect, once it becomes mass adopted) poverty reduction due to the elimination of the Cantillon effect, also called "inflation tax". Inflation due to money emission benefits the elites, because fiat money is created mainly in the banking and big enterprise sector (when they take big loans from banks), and these sectors tend to enrich themselves (see the bonuses of high management in banks but also other companies). The poor are those who suffer inflation the most, and thus in a non-inflationary world, there would be less inequality.

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Today at 07:24:29 PM
 #3

Bitcoin restores the equality in terms of access to the best capital by every person with an Internet access. This might be left-leaning by some definitions. It is libertarian in my opinion, because capitalism is all about property rights, and Bitcoin is the epitome of property rights.

Is capitalism (the means of production being property of individuals) left leaning? I don't think so. According to communism, property is owned by the State, and not by individuals. Is leftism a little bit of both capitalism and communism? Never truly understood what leftism and rightism is, to be frank.

 
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