Truth about Capitalism - It is Exploitative Economic System

in #dlive7 years ago

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Reality is that Capitalism is an exploitative type of Economic System In this video I explain why. Anyone that still thinks that Capitalism is great and shit, is either on the side of receiving end (being a Capitalist themselves) or is still in a good paying job, so they have not yet felt the harsh reality of this system as many other people have.

I have said before and I have said it again, Bitcoin mining PoW is not a Capitalist system because the miners are workers and they get rewarded 100% of their work they put in into mining. It means the miner gets 100% reward for its productivity of mining Bitcoin. Capitalist system only rewards you a small portion of your productivity and is not what is happening with Bitcoin mining PoW system... so anyone that says that Bitcoin is Capitalist system, is simply wrong.

Further more, as I said, only the each individual mining farm / pool can be either of 3, it can be Capitalist, it can be State Capitalist and it can be Communist type business, depending who runs and who owns each individual mining farm / pool... but the overall mining PoW system is not a Capitalist one, it is Communist one.

That's it, like or hate my rant, I don't really care any more... I am sick and tired of trying to make sense and logic into people, most people just don't get it... and maybe never will.

My video is at DLive