Hey, I'm Oatmeal Joey, but is Steem and Bitcoin a product of capitalism or communism or how does blockchain and cryptocurrency work? What is the secret behind Steem? Is the secret socialism or is it competition?
RE: You’re not going to believe this. Everything... I mean everything... can be fixed
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You’re not going to believe this. Everything... I mean everything... can be fixed
The secret behind Steem? I think with so many crypto based projects, we just don’t know yet whether or not they work. An initial massive availability of tokens, together with enthusiasm for the project makes it hard to tell which projects will survive.
My instinct is that the whole crypto thing is driven by an anarcho-Capitalism. And not necessarily in a bad way.
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I love capitalism and that is why I like Steem, Bitcoin, etc. When I say capitalism, I don't mean crony capitalism which is more aligned with corporatism, monopolism, plutocracy, socialism, communism, bigger government, etc. In other words, I'm more for anarcho-capitalism like you said which is a lot better than globalism. On one hand, a bad version of anarchy would be bad, but that is only hypothetical. We don't live in a world full of anarchy. And a world of anarchy would have more good elements to it than it would have bad elements. Real anarchy is not really chaos. That is only a 1% possibility.
But we live in a world with big governments, corporations, unions, groups, and anarchy can seek to balance the corruption seen on the extreme of cancerous government as it grows as absolute power corrupts absolutely or worse. I like competition and everything. Yeah, some tokens will survive and some will not. And that is what life is all about. It adds like Yoda mystery in life as we are able to try our best in the survival of the fittest to be the yummiest oatmeal ever.
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