• BerenstainsMonster@kbin.earth
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    5 days ago

    Both things can be true: cash is a scam and so is crypto. The reason I despise crypto is because they just reinvented capitalism, when the old one was working just fine (in the sense that capitalism is not a broken system: it is functioning just as designed, benefiting the ruling class). So now we’ve got two ways they’re scamming us.

    • kbal@fedia.io
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      5 days ago

      Money is not capitalism. You can have money without capitalism, as the whole world did for most of recorded history.

      • BerenstainsMonster@kbin.earth
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        4 days ago

        I did not say money is capitalism. But I will say creating a new currency without first abolishing capitalism will just lead to more ways to do capitalism.