Is Crypto-currency socialist? Seems pretty damn socialist to

Have you read any book on political science ever?

>>131896015
You free yourself of the (((banks))) by using (((exchange platforms)))

>>131896202
I have not.

>>131896304
>Muh jooz

>>131896379
Well

The concept of crypto-currency is quite libertarian, in the sense that the currency works without any kind of central bank or government exerting monetary and financial policies on the currency. Dev teams can theoretically work like this though, but it generally doesn't work out well for the stability and public trust for the currency.

The money is generally anonymous and nontaxable, so that works into the libertarian mindset too.

The only socialist thing about it could probably be the way the "means of production" of money is in the hands of the people (the miners), or at least it used to be before designated corp miners took over the majority of the market.

File: cryptK21.png (282KB, 1505x775px) Image search: [Google]

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>>131896015
Buy Numeraire.

>>131896015
>socialist
It's as right wing anarcho-capitalist as currencies can get

>>131896015
Anarcho-capitalist bro. It's a decentralized currency whose amount (after its all mined) cannot be altered - completely antithetical to most fiat currencies.

Bitcoin is the most capitalist invention ever... no government interference what so ever and full economic freedom.

>>131896015
>Southern meme flag
>is actually retarded.
tell me you are rural too

>>131897237
I'm looking to invest into both Bitcoin and Ethereum actually. Coinbase market seems to be like bitcoin is good for market purchase and ethereum for arbitrage.

Coinbase seems a little annoying from my end, being in the UK.

>>131898254
Brah

You got a good cryptocurrency guide for a fellow UK'er?

I'm interested.

>>131898500
I'm a n00bie desu. I've only known about it for a couple days, but I'm looking at this rn

http://forums.moneysavingexpert.com/showthread.php?p=72590527

>>131896015

In some ways it's "socialist." For one, billions of dollars in crypto sexist and nobody knows who controls them, kinda like the shadow financial institutions of the USSR or something.

It is also highly democratic and grassroots so anyone can buy in, and in certain ways it is decentralized. So it has many socialist attributes.

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>>131898717
Thanks

>>131897977
I love how 99% of <given first-world currency> is digital.

its a scam

buy gold, guns, and ammo

>>131898864
I might avoid coinbase though, seems a bit dodgy. For UK, bittylicious and cryptomate look pretty good...

that said, I'm still a noob m8

>>131898864
https://coinmarketcap.com/

for looking at the markets

>>131896904
But surely, because owning bitcoin is owning a (very small) stake in bitcoin, so is owned by everyone, which is socialist, but allows for unlimited personal profit which is capitalist...

Crypto starts out as libertarian or ancap, but ends up an oligopoly. Bitcoin started out decentralized, but ended up with a couple huge pools that do all the mining, plus there is the source developer team that makes all the final decisions.

Anyone who still thinks it's ancap is living in a dream world.