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groovygardener42069 OP wrote

So full disclosure, whatever Bitcoin was intended to be, I feel that it has turned into a ponzi scheme based on speculative trading. I'm not trying to be a dick, just being straight up about my thoughts

I honestly don't know the answer to this, so please don't take this as a leading question: how can anti-capital anarchism and pro-market anarchism coexist? They seem to be diametrically opposed ideas to me, but I'm a plebian who doesn't read theory

Also, doesn't all this kind of rest on the assumption that the internet and power grid will never go out? I think most realistic scenarios in which the value of fiat currency plummets would also involve a hit to the power grid and/or internet infrastructure.

In that case, why would crypto hold any value over say, animal pelts and dried tobacco leaves?

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moonlune wrote

being anti capital doesn't necesarily mean being anti markets: mutualism and other market anarchism believe that money/markets are a good way to redistrbute stuff. Even syndicalists have some sort of "work token" that their syndicats haggle the value for them.

In particular agorism, an unpopular anarchist current that aims to destroy capitalism by devaluating stuff because of parallel economies, is somewhat in line with the "ideals" of bitcoin before it became a ponzi/speculation bubble.

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