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It's obviously working if you say so. No point in questioning it. We have all the ingredinents for a post-scarcity world but you still have people starving, no
by x86x87 4y ago
It's obviously working if you say so. No point in questioning it.
We have all the ingredinents for a post-scarcity world but you still have people starving, no access to clean water, no healthcare, heck a large amount of people are experiencing the modern version of slavery, but yeah! Isn't capitalism wonderful? And working!
- simondotau 4y agoIf you think the various mechanisms of transacting fiat money don’t work, then I literally don’t know what you’re talking about. As for the rest of it, that’s exactly my point. Crypto is still capitalism. Or are you suggesting that moving from fiat currency to crypto will solve the failures of capitalism? I’d be fascinated to hear why you think that. Perhaps you are conflating a switch to crypto with a switch away from governments, taxes, employment contracts, etc? That’s certainly an opinion, but then it isn’t actually crypto which is the operative solution.
- x86x87 4y agoMy objection was to the claim that the "current financial system is obviously working". It's not obviously working and in fact it is inflicting a lot of pain. The rest was a rant.
- simondotau 4y agoYou are confusing/conflating the financial system (the transactional component which crypto claims to replace) and the system of capitalism as implemented in practice by your government and its laws (which is a tangentially linked but fundamentally separate matter).