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It’s funny how true believers in communism and true believers in crypto talk exactly the same way nowadays. “FTX and Binance are not examples of true crypto!”
by pavlov 3y ago
It’s funny how true believers in communism and true believers in crypto talk exactly the same way nowadays.
“FTX and Binance are not examples of true crypto!”
“Soviet Union and Venezuela are not examples of true communism!”
- yieldcrv 3y agohuh. both of those quotes are true for easily quantifiable reasons? you don't have be a believer in either to understand that objectively
- netrus 3y agoIt's a tautology, as no implementation of a concept will ever be equivalent to the pure concept. The real existing examples of implementations of concepts will still tell you something about the viability of the concept.
- codetrotter 3y ago> no implementation of a concept will ever be equivalent to the pure concept. True crypto does exist. Bitcoin is true crypto. When I mine Bitcoin, and I use that Bitcoin to buy something from someone else, that is true crypto. When I sell something for Bitcoin, that is true crypto. When I exchange fiat for Bitcoin at a centralized exchange, and I successfully withdraw it to a self-custody wallet. That is acceptably close to true crypto. Same goes for Monero.
- yieldcrv 3y agostanding committees are necessary parts of communism that always result in permanent authoritarian control of all people and all resources. humans don't have a way around that and that necessary phase is a prerequisite to the ideological phase. there is no evidence that it is worth pursuing given that irreconcilable implementation flaw. consumers choosing mismanaged companies are consumer discernment problems that have nothing to do with the sector they're involved in. specifically with crypto, centralized exchanges and brokerage experiences are not necessary parts of the crypto ecosystem and exist in parallel to other ways of getting fiat in and out of crypto, and other ways of getting exposure to the crypto ecosystem. many proponents of the crypto asset ecosystem have always sounded the alarm on those kinds of companies and actively track how much crypto is held by the companies or in self custody. analogies compare dissimilar things with common attributes, what is the common attribute between observers of these two concepts?
- psychlops 3y agoFTX and Binance are exchanges, not cryptos. It's like confusing NYSE and NASDAQ with the stocks that they exchange.
- spamizbad 3y agoI mean has Venezuela ever claimed it was communist? I always thought it was socialist. Also its oldest standing communist party technically sits in opposition to Maduro.
- blululu 3y agoFWIW The Soviet Union never stated that it was communist. They were officially socialist with the constitutional goal of establishing communism. for that matter the Mensheviks predate the Bolshaviks and always opposed Lenin.
- pavlov 3y agoKhrushchev, enjoying a short-lived post-Stalin economic boom in the early 1960s, did proclaim that the Soviet Union would achieve communism by 1980: https://en.wikipedia.org/wiki/Communism_in_20_years https://en.wikipedia.org/wiki/Communism_in_20_years So for a while there was an actual date attached to the constitutional goal. I believe the deadline was quietly buried by his stagnation-oriented successors, but I’m not sure.
- klooney 3y agoSaying that the Mensheviks predate the Bolsheviks is kind of odd- there was one political party, then they had a big fight and split in two. Menshevik literally means "minority" and Bolshevik "majority", that's how intertwined the two are.
- vkou 3y agoBy the time of the October Revolution, the Mensheviks were actually a majority, and were a significant faction in the Russian Provisional government. The Bolsheviks were not. The Bolsheviks were a minority, but controlled key elements of the army. After months of civil unrest and violence, they staged an armed coup.
- klooney 3y agoMy understanding is that the Mensheviks were technically a majority on the first day of the split, because Lenin had pushed so many people out before the climax of the conference. The point still stands though, that's what the words mean.
- matheusmoreira 3y agoCryptocurrencies are cryptocurrencies. Binance is an exchange, essentially a bank in disguise. They are not even in the same category.