Yarik Sychov 🫂 on Nostr: Unpopular opinion: #Bitcoin and Socialism share some similarities. Bitcoin: a unique ...
Unpopular opinion: #Bitcoin and Socialism share some similarities.
Bitcoin: a unique economic landscape where both profits and losses are socially shared. When BTC rises, everyone benefits equally; when it falls, losses are distributed evenly. It's a socialized wealth effect.
Embracing a socialist form of governance, Bitcoin thrives on decentralized public ownership—miners collectively hold hashing power. Meanwhile, cryptography ensures full respect and protection of private property.
A revolutionary blend of shared benefits and individual security.
Published at
2023-11-26 13:15:45Event JSON
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"content": "Unpopular opinion: #Bitcoin and Socialism share some similarities.\n\nBitcoin: a unique economic landscape where both profits and losses are socially shared. When BTC rises, everyone benefits equally; when it falls, losses are distributed evenly. It's a socialized wealth effect. \n \nEmbracing a socialist form of governance, Bitcoin thrives on decentralized public ownership—miners collectively hold hashing power. Meanwhile, cryptography ensures full respect and protection of private property. \n\nA revolutionary blend of shared benefits and individual security.\nhttps://image.nostr.build/4829094bc22cd157a711d43cf161559c21d7b02fe4352bf736cc4256ab80f863.jpg",
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