by
Ramin Mazaheri
Part
1
I can easily
prove the leftist utility of bitcoins by relating one question I
commonly hear: “Ramin, can you please take this medicine to my
family the next time you visit Iran?”
The US
produces more than half of all new medicines, but there is an embargo
on Iran (and Cuba, Venezuela, Syria, etc.): With bitcoins, Iranians
can circumvent these criminal, terroristic restrictions and get
medicines which sick people are being cruelly denied.
So I see
that bitcoins can save lives. Today.
Iran needs
medicine, Cuba needs concrete, Venezuela needs toilet paper –
bitcoins can be used for all these things…IF the left would
immediately get involved with them.
One thing is
absolutely, undeniably clear about bitcoins: The market is absolutely
exploding for them in a way absolutely unseen in any field since the
dot-com boom.
This process
began in April, and it is fascinating. The mainstream media has only
just picked up on this fact.
That means
the average person is totally unaware of the technological and
philosophical innovation/revolution which supports bitcoins:
technically, it’s the Nakamoto consensus (a distributed consensus
algorithm), but the marketing phrase is “block chain technology”.
And
crucially for the future success of bitcoins: Leftists have no idea
what heck is going on.
I think
bitcoins could be the biggest financial weapon seen in ages to
contest capitalism. Therefore, if the left cedes this current
formational period of cryptocurrency to the right, or to
individualistic libertarianism, it will be an enormous setback for
society, socialism and anti-imperialism.
But you
won’t read that in Western mainstream media – you only hear about
making money with bitcoins. To be fair, that has been incredibly
newsworthy as well.
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