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Εγχειρίδιο χειρισμού κρίσεων λόγω πολιτικών ΔΝΤ από τη CIA! / Already confirmed: Civil liberties under attack! / Greece's creditors gone completely insane! / How the global financial mafia sucked Greece's blood / ECB's economic hitmen / Η Μέρκελ επιβεβαιώνει τα σχέδια των γραφειοφασιστών! /Greece: the low-noise collapse of an entire country/ How the neoliberal establishment tricked the masses again, this time in France / Ενώ η Γερμανία προετοιμάζεται για τα χειρότερα, η Ελλάδα επιμένει στο ευρώ! / Ένας παγκόσμιος "proxy" πόλεμος κατά της ελευθερίας έχει ξεκινήσει! / In reality, McCarthyism never ended in America / Ο επικεφαλής του "σκιώδους συμβουλίου" της ΕΚΤ επιβεβαιώνει ότι η ευρωζώνη είναι μια χρηματοπιστωτική δικτατορία! /With a rising Jeremy Corbyn and a declining Angela Merkel, Brexit has been upgraded to play a much more critical role / Δημοψήφισμα για Grexit: η τελευταία ευκαιρία να σωθεί η Ελλάδα και η τιμή της Αριστεράς / Populism as the new cliche of the elites to stigmatize anyone not aligned with the establishment / Δεν γίνεται έτσι "σύντροφοι" ... / Panama Papers: When mainstream information wears the anti-establishment mask / The Secret Bank Bailout / The head of the ECB “shadow council” confirms that eurozone is a financial dictatorship! / A documentary by Paul Mason about the financial coup in Greece / The ruthless neo-colonialists of 21st century / First cracks to the establishment by the American people / Clinton emails - The race of the Western neo-colonialist vultures over the Libyan corpse / Επιχείρηση Panama Papers: Το κατεστημένο θέλει το μονοπώλιο και στις διαρροές; / Operation "looting of Greece" reaches final stage / Varoufakis describes how Merkel sacrificed Greece to save the Franco-German banks / France officialy enters the neo-Feudal era! / The US establishment just gave its greatest performance so far ... / A significant revelation by WikiLeaks that the media almost ignored / It's official: the US is funding Middle-East jihadists! / Οι αδίστακτοι νεο-αποικιοκράτες του 21ου αιώνα / How to handle political unrest caused by IMF policies! / Πώς το νεοφιλελεύθερο κατεστημένο ξεγέλασε τις μάζες, αυτή τη φορά στη Γαλλία / Οι Γάλλοι νεοαποικιοκράτες επιστρέφουν στην Ελλάδα υπό 'ιδανικές' συνθήκες / Μεγαλώνει ο πανικός της Γουόλ Στριτ μπροστά στην προοπτική των κρυπτονομισμάτων

07 October, 2017

Leftists must finally take notice of – and buy stock in – bitcoins

by Ramin Mazaheri

Part 6 - How can bitcoin ‘stop the betrayals of high finance’ if all they do is create a bitcoin cabal?

I have proven that block chain in governance already exists in socialism. Many people have noted the way science and society have reflected each other throughout human history, so this is more confirmation that socialists like Cuba and China are firmly in the vanguard.

Block chain exists in socialism, but not in the extremist-individual ideologies of capitalism or libertarianism. It exists in anarchism, yes, but bitcoin’s anti-statist “voluntarism” is so self-centered so as to not be worthy of “anarchism”.

Therefore, if the true Left doesn’t get immediately involved in the bitcoin discussion and swing some minds towards socialism…I don’t see how bitcoins will truly be different from oligarchical capitalism?

Yes, this may be “gold rush fever”, but many talk of a market capitalization of $1-$5 trillion dollars. That’s because this is not just a corporation – a whole new industry is being created, so it’s bigger than Amazon…plus Apple, plus Facebook, plus….

So, to the early adopters poised to be filthy rich because your tech, gamer and Dungeons and Dragons friends clued you in early on bitcoins and were fortunate enough to have money to invest: You may not voluntarily want to redistribute your bitcoin wealth…but society needs you to.

And if you don’t, we deplorables in the 99% will win and take that commodity/way to store value in the end, too, because redistribution is collective justice, if not individual justice.

Bitcoin users – will you be price gouging when the 21 million bitcoins are completely mined? If so, why don’t we just stick with Visa, Western Union and the Pentagon?

Are you engaging in immoral bitcoin stock speculation, and “gaming” the market to make a quick killing? Then how are you any morally superior to all the other lazy, immoral high finance punks who make a living at “the rich man’s gambling”?

And now to the painfully few leftists, especially socialists/Marxists, who take the time to cursorily examine Bitcoin and say: “Bah, this is just pure capitalism. Therefore, it must be bad.

Well, simply revisit my story about Iran and medicines. A Third World Socialist looks at bitcoins and says: “Yes, Bitcoin is capitalist from the perspective of ivory tower ideology, but this has enormous potential as a weapon for anti-imperialism and against rapacious capitalism. And we need and want victory – not just change – now.

Every dollar in bitcoin is a dollar not in the hands of high finance!

It is in the hands of the rapidly-expanding bitcoin collective, which has no “Central Bank President”. Every dollar worth of bitcoin sent to Cuba, Venezuela, Iran, Palestine – and Poland, the Philippines, and South Korea – is a dollar which has circumvented the imperialist/fascist centers of the US, England, France, Germany and Japan. A bitcoin dollar avoids the big banks, the SWIFT system of American financial power, the gangster credit card companies and the central banks of the neo-imperial nations!

Governments are claiming that bitcoin can be used to “fund terrorism”. First of all, paper money is used to fund terrorism – should we ban that? Secondly, this is an obvious smear campaign designed to scare away the average person, and to provide justification for unjust crackdowns on bitcoins.

Source, links:

[1] [2] [3] [4] [5] [7]


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