I’d use cryptocurrency but literally no one accepts it. Mostly because it takes 14 billion years to and a small rainforest worth of burnt trees process a transaction.
Hey. Just FYI. That’s all outdated now. Ethereum forked to use 99.9% less energy. (To a sustainable point). Several other coins have followed including Cardano. And transaction times on both are within minutes, sometimes seconds. (Whereas my bank takes days).
Though admittedly sometimes it takes an hour or two for a transaction to complete if there’s a lot of traffic.
I buy a lot of stuff (not drugs! Wow!) through crypto - and payment processors aren’t even needed. You can literally get a chrome extension to access your crypto wallet to pay for things directly. Which is why crypto is such a threat to payment processors and fiat currency. Because crypto is the same as basically opening your wallet for cash, throwing that cash at the screen, and that works to buy whatever’s on it. Visa and Mastercard can get fucked.
Bitcoins original white paper was very specific: the point of crypto is to take the power away from the assholes like Visa and Mastercard. But also from Banks and the Fed. No one person or entity should control these things. So Bitcoin decentralized them.
And now, 15 years later, it works pretty fucking well. That’s why the price has increased 1000%+ in that time.
(EDIT: To be clear, saying someone doesn’t accept Bitcoin is like saying someone doesn’t accept gold. You’re using the wrong digital currency. There’s plenty of others that don’t need payment processors for transactions.)
Transaction speeds are faster than credit cards and debt cards now. Not every coin is like that (bitcoin for example still takes forever, while Digibyte is less than 1 min).
That’s like saying violent revolution will only be useful once we surpass Fascism.
The wide adaptation of crypto would likely deal a killing blow to capitalism as all the bullshit fees and exploitation expected from transactions completely disappear - along with their revenue streams to capitalist overlords at Visa / Mastercard / Amazon / Google / Taxes for the Fed, etc.
Like, you can already start defunding the bullshit happening right now by just paying for stuff with Crypto.
That is not how material reality works, you can’t expect wide adoption of crypto while the state is controlled by the owners of the means of production, since that’s not profitable, despite crypto being very good to laundry money.
The people that own the means of production own the state, they force everybody else to use their currency, thought the use of monopoly of violence
Imperialism is the current stage of capitalism where a country through the use of violence forces every other country to trade using their currency
In material reality, the state is in no way stopping me from using crypto right this second. I can use it freely. And break no laws.
Why use their means of oppression if another tool exists, and can be used readily?
In fact, also in reality, Trump is accidentally bulldozing legislature meant to protect capitalism because he’s too stupid to know better. Specifically:
Trump has ordered his administration to supercharge the U.S. cryptocurrency industry, rolling back some regulatory enforcement and championing legislation that would broaden its accessibility and appeal.
As a business owner, depending on the country you live in, you cannot accept cryptocurrency as payment, you need to have your country currency so you can pay your taxes, you can’t change a country currency to cryptocurrency by individual action, because that is a coletivo problem
Trump and Milei are scammers they love some pump and dump, they do anything to get richier
As a business owner in any country, I can accept crypto as payment. Because modern crypto doesn’t need a payment processor. You can do transactions directly from your wallet and avoid needing to involve the state, banks, or anyone but you and your customer. You can even build websites on the blockchain connected directly to your wallet. Or tokenize physical goods to sell there without needing anything but the internet.
It’s up to you to report your sales on the blockchain for taxes. It’s not at all, in anyway, monitored by any government as that’s what the distributed ledger tech was designed to avoid.
If you want a new world. Waiting isn’t going to make it happen. You can use crypto right the fuck now to take money away from the system it’s trapped in. You just want to pretend it isn’t accessible because of government control, when escaping that control is the very reason crypto was created to exist.
Trump is certainly a scammer. But he is also, unquestionably, an idiot. And that works in both directions. Against us. But also against his capitalist backers.
He is unquestionably deregulating laws on crypto everyday, to his own benefit - but that also just makes using crypto and hurting capitalism easier.
You did not read the constitution of every country in the world to assert that
Individual action does not solve coletive problema, you should organize yourself with your fellow workers at a union and do as many strikes as you can to fight against the owners of the means to your work, this was historically proven to solve many class conflicts, join the communist party of your country that is the only way, fight for your interests, and don’t think you can use the bourgeoisie vote system to change things for better, they try in Chile and the US bomb’d their President
You did not read the constitution of every country in the world to assert that.
No I didn’t. I just actually used the technology, unlike you.
If the country has internet, they can use crypto.
It’s no different than using Facebook, Twitter, etc.
No country has the technology to prevent its use. They can barely check people’s ages online.
I’m not against forming unions, I’m incredibly FOR removing the source of all of capitalisms power: centralized banks and fiat currency.
If you want to defeat capitalism - The fastest way is to starve them of the source of their power. The whole system works off fiat currency so governments and banks can just print more money when they need. Which, when they do, lowers the value of all the money and things everyone else owns, just so they can cut taxes for Billionaires.
You can spend a generation forming unions for a better piece of the capitalist pie. Just hoping eventually the infinite wealth of Bezos and Musk will run out.
Or we can just use crypto and literally remove the power they have over money itself. That collective action would literally make capitalism irrelevant.
If you want to talk about overthrowing regimes, you should not be so concerned about each countries crypto currency laws.
It’s incredibly laughable to me, that you want to fight capitalism through the most painful methods possible. But using crypto is just too scary / you feel it’s illegal everywhere?
It’s sad that the constant disinfo campaign against it has literelly infected the people that could benefit most from it’s use.
Because you can easily starve capitalism to death by removing the mechanisms that make it function: fiat currency and centralized banks. Crypto easily replaces both. And can be used for free right now.
The only reason people aren’t is because they’re too scared to use it like you.
You are 100% correct. The sooner people adopt crypto, the sooner Visa and Mastercard are pointless. To be clear: MODERN CRYPTO DOES NOT REQUIRE PAYMENT PROCESSORS - YOU CAN MAKE PAYMENTS DIRECTLY FROM YOUR WALLET. (And not just for drugs).
Yep, making banks completely useless. People are just tied to banks because they dont want to research or actually think about a new system of payments.
Bring on the downvotes, but this is where crypto shines. No bullshit rug pulls by ancient payment processors.
I’d use cryptocurrency but literally no one accepts it. Mostly because it takes 14 billion years to and a small rainforest worth of burnt trees process a transaction.
Hey. Just FYI. That’s all outdated now. Ethereum forked to use 99.9% less energy. (To a sustainable point). Several other coins have followed including Cardano. And transaction times on both are within minutes, sometimes seconds. (Whereas my bank takes days). Though admittedly sometimes it takes an hour or two for a transaction to complete if there’s a lot of traffic.
I buy a lot of stuff (not drugs! Wow!) through crypto - and payment processors aren’t even needed. You can literally get a chrome extension to access your crypto wallet to pay for things directly. Which is why crypto is such a threat to payment processors and fiat currency. Because crypto is the same as basically opening your wallet for cash, throwing that cash at the screen, and that works to buy whatever’s on it. Visa and Mastercard can get fucked.
Bitcoins original white paper was very specific: the point of crypto is to take the power away from the assholes like Visa and Mastercard. But also from Banks and the Fed. No one person or entity should control these things. So Bitcoin decentralized them.
And now, 15 years later, it works pretty fucking well. That’s why the price has increased 1000%+ in that time.
(EDIT: To be clear, saying someone doesn’t accept Bitcoin is like saying someone doesn’t accept gold. You’re using the wrong digital currency. There’s plenty of others that don’t need payment processors for transactions.)
Transaction speeds are faster than credit cards and debt cards now. Not every coin is like that (bitcoin for example still takes forever, while Digibyte is less than 1 min).
Oh a hold 60 seconds, well I guess my comment is completely redundant then because who could possibly process a transaction in less than a minute.
Cryptocurrency will only be useful when we surpass capitalism
That’s like saying violent revolution will only be useful once we surpass Fascism.
The wide adaptation of crypto would likely deal a killing blow to capitalism as all the bullshit fees and exploitation expected from transactions completely disappear - along with their revenue streams to capitalist overlords at Visa / Mastercard / Amazon / Google / Taxes for the Fed, etc.
Like, you can already start defunding the bullshit happening right now by just paying for stuff with Crypto.
That is not how material reality works, you can’t expect wide adoption of crypto while the state is controlled by the owners of the means of production, since that’s not profitable, despite crypto being very good to laundry money.
The people that own the means of production own the state, they force everybody else to use their currency, thought the use of monopoly of violence
Imperialism is the current stage of capitalism where a country through the use of violence forces every other country to trade using their currency
In material reality, the state is in no way stopping me from using crypto right this second. I can use it freely. And break no laws.
Why use their means of oppression if another tool exists, and can be used readily?
In fact, also in reality, Trump is accidentally bulldozing legislature meant to protect capitalism because he’s too stupid to know better. Specifically:
https://abcnews.go.com/US/white-house-unveils-crypto-policy-roadmap-meant-usher/story?id=124215664
That’s reality.
As a business owner, depending on the country you live in, you cannot accept cryptocurrency as payment, you need to have your country currency so you can pay your taxes, you can’t change a country currency to cryptocurrency by individual action, because that is a coletivo problem
Trump and Milei are scammers they love some pump and dump, they do anything to get richier
As a business owner in any country, I can accept crypto as payment. Because modern crypto doesn’t need a payment processor. You can do transactions directly from your wallet and avoid needing to involve the state, banks, or anyone but you and your customer. You can even build websites on the blockchain connected directly to your wallet. Or tokenize physical goods to sell there without needing anything but the internet.
It’s up to you to report your sales on the blockchain for taxes. It’s not at all, in anyway, monitored by any government as that’s what the distributed ledger tech was designed to avoid.
If you want a new world. Waiting isn’t going to make it happen. You can use crypto right the fuck now to take money away from the system it’s trapped in. You just want to pretend it isn’t accessible because of government control, when escaping that control is the very reason crypto was created to exist.
Trump is certainly a scammer. But he is also, unquestionably, an idiot. And that works in both directions. Against us. But also against his capitalist backers.
He is unquestionably deregulating laws on crypto everyday, to his own benefit - but that also just makes using crypto and hurting capitalism easier.
You did not read the constitution of every country in the world to assert that
Individual action does not solve coletive problema, you should organize yourself with your fellow workers at a union and do as many strikes as you can to fight against the owners of the means to your work, this was historically proven to solve many class conflicts, join the communist party of your country that is the only way, fight for your interests, and don’t think you can use the bourgeoisie vote system to change things for better, they try in Chile and the US bomb’d their President
No I didn’t. I just actually used the technology, unlike you.
If the country has internet, they can use crypto. It’s no different than using Facebook, Twitter, etc.
No country has the technology to prevent its use. They can barely check people’s ages online.
I’m not against forming unions, I’m incredibly FOR removing the source of all of capitalisms power: centralized banks and fiat currency.
If you want to defeat capitalism - The fastest way is to starve them of the source of their power. The whole system works off fiat currency so governments and banks can just print more money when they need. Which, when they do, lowers the value of all the money and things everyone else owns, just so they can cut taxes for Billionaires.
You can spend a generation forming unions for a better piece of the capitalist pie. Just hoping eventually the infinite wealth of Bezos and Musk will run out.
Or we can just use crypto and literally remove the power they have over money itself. That collective action would literally make capitalism irrelevant.
If you want to talk about overthrowing regimes, you should not be so concerned about each countries crypto currency laws.
It’s incredibly laughable to me, that you want to fight capitalism through the most painful methods possible. But using crypto is just too scary / you feel it’s illegal everywhere?
It’s sad that the constant disinfo campaign against it has literelly infected the people that could benefit most from it’s use.
Because you can easily starve capitalism to death by removing the mechanisms that make it function: fiat currency and centralized banks. Crypto easily replaces both. And can be used for free right now.
The only reason people aren’t is because they’re too scared to use it like you.
You are 100% correct. The sooner people adopt crypto, the sooner Visa and Mastercard are pointless. To be clear: MODERN CRYPTO DOES NOT REQUIRE PAYMENT PROCESSORS - YOU CAN MAKE PAYMENTS DIRECTLY FROM YOUR WALLET. (And not just for drugs).
Yep, making banks completely useless. People are just tied to banks because they dont want to research or actually think about a new system of payments.
Couldn’t agree more! 🙂