Video - Bitcoin Q and A Is Capitalism Compatible With Decentralization

Bitcoin is described as a "hyper-capitalist" system. Is capitalism compatible with decentralization? Capitalism is a way of organizing the pyramid. Distinguish between "capitalism" and "free-market." Bitcoin represents free markets at a level that has not been done before. Old labels don't apply. Don't try to decide who goes the top -- remove the pyramid. Network-centric systems of organisation that are flat, change the political spectrum and labels like "capitalism." I'm a disruptarian: once it gets corrupted, start again. Decentralised networks give us a recipe for continuously disrupting the accumulation of power.


Written by Andreas M. Antonopoulos on July 28, 2016.