Oddbean

Because our money is not real, they can print it out of thin air. Fix the money, fix the world. It is not capitalism it coperatism and creditism. The money isnt real, the closer you are to the moneyprinter, the more you benefit from it. It's called the cantillion effect

I don't think that makes the system not capitalism, though. I think it just makes it a special subset of capitalism. None of this changes the fact that true value belongs to those with the means to buy and own the means of production. It's just capitalism in which the capital class has the means to pervert the language of value transmission.

We don't have capitalism as the money is broken. Real capitalism doesn't allow anyone to print money out of thin air. As long as you belive capitalism is the problem, you have been successfully psyoped

We had hard, gold backed money in the Gilded Age of America, and it sure as shit didn't stop capitalism from abusing people. We hard, gold backed money when people fought for union rights and the government BOMBED its own citizens. We had hard, gold backed money when we sent children to work because their hands fit in the machines better so they could be maimed for life to save the capitalists a few bucks. We had hard, gold backed money when we had fucking slaves, when you could own and trade in living human beings. Abusing the money printer is just one of many, many ways the capitalist class exploits us, but the fact they're doing it doesn't change the fact we live under capitalism. You can't even explain WHY fiat means we don't live under capitalism, you just insist it makes a difference that you don't explain.

Lmao I'm not advocating for communism, I'm asking you to explain how we don't live under capitalism, and you can't seem to do it. You've set a seemingly arbitrary distinction and won't explain why it's a reasonable one to make. I understand bitcoin well enough, I just don't understand what *you're* saying.

If really understand bitcoin, you wouldn't even ask. Capitalism is just part of our socity but all coperates can burn their money and if they do so. They can just get a new Credit. Because the FED can print money out of thin air. The banks can give you a loan, out of nothing. Capitalism benefits those who work hard, the current system benefits those close to the moneyprinterl Captialsim is the opposite of Communism. Just because you heard of bitcoin, doesn't mean you understand it - the economics behind it is a different stuff.

Dude, you can't even explain yourself, don't try to tell me what I do and don't understand. Maybe consider the possibility you're the one who doesn't understand if you can't articulate your reasoning. Nothing about the quality of the money changes the fundamental structure of the economy. It changes the fairness, yeah, definitely, but it doesn't fundamentally restructure the economy or society. It just adds another perk to being in the owner class.

Bees don't waste their time explaing to flys that honey is better than shit. Hate whatever you want to hate and enjoy your commie dream world. Because it is so much better than this bad bad capitalsim.

You dense bastard, I already said I'm not advocating for communism. I'm pointing out the inconsistency in what you're saying. You've explained what fiat allows the owner class to do, but you haven't explained how that means it's not capitalism.

Yeah, I did, after your smug attitude made it clear you thought I was an idiot. I may have said it in plain words first, but don't try to act like I was the only one being insulting. And again, all you've explained is what fiat allows them to do, not how that means this is anything other than capitalism. Your inability to do so suggests you don't know what you're talking about.

Funny how you say this, and then a few days later, you jump in my DMs to tell me my memes make me look mentally ill. I guess because you don't like that I'm shit talking authoritarian losers. I'm not sure since you won't even say what makes you think that. That's a pretty fucking judgmental take. Something I said must have really struck a chord. What'd I say that's been living in your head rent free the last few days?