@bob @Shufei There's a reason I encourage people to watch others' shows not funded and distributed by capitalists...

I wonder why that has led me to, amongst other things, hearing more anticapitalist themes?

@alcinnz
There's #antiCapitalist and #antiCorporatist / anti-#oligarchy.

We'd say that 90% of anti-capitalists are actually, anti-corporatist.

Eg. if they could start there own little business, serving people in their community using the skills and passion they have for that venture, they would.

#capitalism #corporatism #invertedTotalitarianism
@bob @Shufei

@dsfgs Define things as you will, but at least on the fediverse anti-capitalism appears to mean an opposition to extremely wealthy individuals & corporations.

And both Welcome To Night Vale and The Red Panda Adventures are definitely against extremely wealthy individuals. I might enjoy extracting some quotes soon...

@bob @Shufei

@alcinnz
Its not about defining things as we see, we just advocate using the correct words and terminology.

We want people to stay what they mean. If we don't mean (precisely) what we say we will be rejected by the vast majority and get nowhere.

@bob @Shufei

@alcinnz @bob @Shufei
The most insidious thing about #hyperCorporatism and #oligarchy is it actually crushes #capitalism.

Oligarchs are about to destroy the #competition and this is where we are. The #bankerClass are cosy with the oligarchs and feed them newly minted cash daily. Its #socailismForTheWealthy, and #capitalismForThe99percent.

Its why #antitrust laws exist, but now they are not used because our #leaders are captured (see also #revolvingDoor #politics).

(1/2)

@alcinnz @bob @Shufei
This is why we say the system is so far gone that the only way we see to bring things back is by using #hardCurrency (#gold and #bitcoin, the latter is easier and more liquid, #transportable, etc).

Yes, at the start of the bitcoin game some oligarchs might have a lot of it, but over time they have no choice but to spend it and thus their power will dilute. We think their power will dilute quickly.

Then #quality and #justice can succeed.

It won't be easy, just better.

@dsfgs @alcinnz @bob@epicyon.freedombone.net @Shufei wait, but bitcoin is not a hard currency at all. More over, due to it "independent" nature, it is quite unsustainable. I mean, the economic theory isn't invented by idiots. Without some external (yes, state :ac_facepalm: ) regulation it will act as random exchange.

@dsfgs @alcinnz @bob@epicyon.freedombone.net @Shufei consider the following:
Several rich persons cooperate and in the day X sell all the bitcoins they have in one exchange. I've also cooperated with some people who "buy" theirs bitcoins.
What will happen?
Due to extreme increase of offering and practically no changes in demand, the value of bitcoin drops.
And using those who bought their bitcoins they now have more that they have at start.

Follow

@dsfgs @alcinnz @bob@epicyon.freedombone.net @Shufei
N.B. currency fraud is technically possible with anything, which has no cost by itself (i.e. fiat). That's why we need economic security authorities.
Sad but true.

N.B.2 the disability to quickly change the amount fo money (i.e. by printing more) can also act as a destabilising factor. Some type of cryses can not be mitigated without it.
Sad but true.

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