2min chapter

The "What is Money?" Show cover image

How the IMF and World Bank Repress the Poor with Alex Gladstein (WiM263)

The "What is Money?" Show

CHAPTER

Bitcoin Is Going to Be Like a Horseshoe

I like to put the whole rubric under the umbrella of stateism, right? That every form of economic organization we've had has occurred under a state up until this point. And ironically, it's almost like a horseshoe because you could also say that communism didn't actually give workers full control or rights or whatever. So funnily enough, some of the more redeeming aspirations of socialism or Marxism, I think will end up being enforced by Bitcoin just as the wonderful qualities of free market capitalism that we seek,. It'll kind of be like a horsshoe in a way.

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