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Yarik Sychov 🫂
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2023-11-26 13:15:45

Yarik Sychov 🫂 on Nostr: Unpopular opinion: #Bitcoin and Socialism share some similarities. Bitcoin: a unique ...

Unpopular opinion: #Bitcoin and Socialism share some similarities.

Bitcoin: a unique economic landscape where both profits and losses are socially shared. When BTC rises, everyone benefits equally; when it falls, losses are distributed evenly. It's a socialized wealth effect.

Embracing a socialist form of governance, Bitcoin thrives on decentralized public ownership—miners collectively hold hashing power. Meanwhile, cryptography ensures full respect and protection of private property.

A revolutionary blend of shared benefits and individual security.
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