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2026-10-31 10:56:37 UTC

sourcenode on Nostr: I initially quoted this guy to dunk on him, but I see his point now. It comes down to ...

I initially quoted this guy to dunk on him, but I see his point now.

It comes down to a narrow definition versus a broader one. If capitalism is defined in its historical context (meaning accurately), then yes, one could say bitcoin an antithetical to that; specifically the centralizing force of coporate and state power (Marx's primary critique, as I understand it).

Defining capitalism as a free market system of private property rights will yield a different conclusion to the topic, but as frequently points out, this has never existed.

It's easy to get caught up in the he-said/she-said of economic history, but the reality of peer to peer cash on a global free market is fundamentally different than anything humanity has experienced thus far.
I always knew a person could shoehorn bitcoin into whatever ideology they want, but to see it happen in the wild is awe inspiring.