> you could replace Cryptocurrency with Capitalism Because cryptocurrency and markets for it are a little alien, it's easier to recognize their essential chara

> you could replace Cryptocurrency with Capitalism Because cryptocurrency and markets for it are a little alien, it's easier to recognize their essential characteristics while assuming what I'm accustomed to is normal and natural and inherently correct and good. But crypto is a mirror that helps me understand the essential characteristics of the money and markets that appear so normal. Yes, cryptocurrency is not backed by anything, it's just a collective social delusion. Yes, free markets in cryptocurrency are rife with scams, they don't do a great job of discounting all available information, and they extract wealth from the many and deliver it efficiently to the few. Cryptocurrency has the same structure, mechanics and inevitable outcomes as the dollars, euros, and markets that we all know, it only differs in degree.