The Bitcoin Economy— It's neither Capitalism nor Communism

[Ucy]

Here is an idea what is going on in the minds and spaces of many business men and women who want to seriously get involved in Bitcoin/crypto or bring in investors or so called venture capitalists.

After considering the real purpose of Bitcoin and its ideals they realize they conflict with what they are used to in fiat world — capitalism. They try to see how they can make their businesses fit in, then it begins to feel like communism... they panicked, fearing that if they end up building successful businesses that are according to that ideals, capitalism will be threatened and it will seem like the communists were right afterall. This is devastating to them, and they are willing to do whatever it takes to prevent such businesses from succeeding.
They are only left with few options if they must get involved in Bitcoin business, either run their businesses in capitalist manner, which would mean building custodial platforms,  centralizing the platforms, doing kyc, getting bitcoin developers to do their bidding in the name of economic power, operate like dictators since they're "private businesses", etc, but all these completely contradict the Bitcoin's purpose and ideals,. And the other option: is to allow the community co-own and run the businesses, and this to them is communism. The smarter ones choose a somewhat balanced approach, which is Instant Exchange-like platforms. They still own and operate their businesses alone, but choose the p2p approach which means they avoid holding people's fund, and avoid kyc lots of times.


An ideal Bitcoin business/company is neither communism nor capitalism.
Even though the community becomes part of the business, the ownership right is not taken away from the real owner. The community are merely stakeholders or shareholders, can however have a say on how the company is run depending on their contributions. The company has to be run according to the owner's roadmap, or how the owner wants it to be run, as long as it does not violate the Bitcoin ideals. Whatever the members build has to be within the roadmap boundary.
The company is not centralized, does not violate users privacy, anyone can participate in its running with little to no permission, it's run transparently and trustlessly. This feels more like a balanced approach between capitalism and communism since a company owner remains a company owner even though other people can permissionlessly get involved and determine its future development.

[BlackHatCoiner]

Wait, is this an original thought of yours? I very recently met a person in real life who told me this exact same vision, and we had an argument (I basically told him it was communism what he described, but he corrected me that it is capitalism.)

And I remember him telling me that it's because of modern technology that we can build this. The company example was cattle farm, and the monthly contribution of each individual would be something like $1/month, so the company would be making $1 million / month with 1 million red meat fans.  


If it's not you, nevermind.    

The problem with this proposal is that there's something called State, and it can intervene in between.