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The problem isn’t the money or the central banks, the problem is the ability for a lucky few to hoard a disproportionate amount of wealth (and therefore power).
Switching to crypto while maintaining the same ideas about unlimited ownership rights would change absolutely nothing, except promote a very select few to the capital class. And that’s why I feel views espoused by crypto evangelists miss the mark - it doesn’t feel like they want actual systemic change, they just want to be part of the lucky few themselves.
You have a pretty limited understanding of how these things work, which is OK, we are all learning.
The problem isn’t that some people have more than others, the problem is how these people get more than others. Right now, you’ve got some people who can take your work away in the form of money at the point of a gun, and give it to who they want, including themselves. And, you have people that can print money, money you and I have to work for, and give it to whoever they want. In both ways they are essentially stealing your labor and giving the fruits of it to themselves for free. Read about the Cantillion effect to get a good overview of how the latter process works.
Without central banks, what you wind up with is a world where if someone accrues resources, they both had to have gotten it by delivering value to someone, thus making their life better, and they have to put it to good use that continues to deliver more value to someone somewhere. People in a world like that get rich on merit, and they’ve made the world richer in the process. We have never lived in a world where that was the norm, because before central banks you had kings. In a world like this, the common wealth centers of today would be outed for wyat they are, thugs, and have to show everyone what they are and actually run around robbing people, and in that kind of world those people get sorted out quickly.
What you said is so blatantly wrong that it’s hard to even fully disentangle. It runs counter to our academic understanding of economics to such a degree that it’d take ages to go to your comment point by point.
Communist theories are total trash as they completely ignore basic fundamental principles of human nature and economics. Everyone is not the same and everyone does not deserve everything others have. The free market makes sure everyone gets what they deserve in the most efficient manner.
The communist theories were concocted to dupe young idealistic and inexperienced collage kids into fighting for their own enslavement. Delivering all power and control into a the few hangs of the oligarchs via a top down controlled bureaucratic system. With a heavily centralized system the bankers just need to pay off and control a few key positions and they have it all. The state should be stripped of all power leaving only some bare essentials which are resilient to banker corruption.
At no point should the state have any say in any decision of the individual.
I’m talking about Keynesian and neo-Keynesian theory, my guy. Those are far from communist.
Exactly, this trash was invented by communists to bring populations to their knees via destruction of the middle class and funneling all resources to the central banks and government.
These insane communist policies have destroyed the wealth of the Western world as designed to do. Now the communist devils are unleashing cultural Marixms to mop up what is left.
Hmmm, either literally everyone who’s ever spoken about economics is lying, or you’re wrong. Which option seems more likely?
Everyone you have listened to about economics is wrong.
ah yes crypto BAD because bill gates said it, everything will change if we just start donating and redistributing wealth, just like the Bill and Melinda Gates Foundation does!! fuck off buddy, we are here for total anarchy and black markets, fuck the government and fuck the status quo. you will NEVER be able to seize Monero from someone else, how does that make you feel buddy? Power to the people. Own your money.
love the discussion fellas!!! so glad to come here and see uncensored internet debates :D also love Monero, sweet sweet, uncontrolled, unmanipulated monero. unlimited ownership rights are fucking awesome, there should never be a cap to how much value someone adds to society, and how much they are owed in return. I have no problem with some people owning more than others, based on merits or inheritances. I do have a problem with my hard earned money losing its value over time, being stolen from and having no control over it. Funny how the guy arguing communist values didn’t have any counter arguments and resorted to insults. ‘read a book or something’. ‘wtf are u huffing’. ‘what u said is so wrong i cant even disentangle it, it would take ages’. lmaoooo what a crock of shit
What a heated discussion under this meme lmao. I’m pretty neutral on all of this. Since Monero exists, people have the option to partially or sometimes even fully opt out of the government currency politics and that is all I need to know. Anyways, the main focus for me is still just using Monero as plain old digital cash, everything else is kind of a bonus.
This is exactly why communists hate crypto, especially Monero. They do not want you to have any alternative but to use their system which they can directly control and manipulate.
Communists are basically psychotic control freak losers that hate freedom of choice and autonomy of the individual. Love to see these clowns going ape knowing they cannot do a damn thing about crypto. 😁️
