this post was submitted on 13 Jul 2024
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I know there are problems with big email providers subverting decentralisation to benefit their business models, and throttling mail from independent or self-hosted domains. But I couldn't take the analysis seriously past this statement:
Yeah well, in that case, fuck you and the hypercapitalist horse you rode in on.
Bitcoin is hypercapitalist? A decentralized value store not controlled by any one country and immune to money printing inflation? What are you smoking?
I mean, it's been shown that it's relatively easy for a big company to control the price of Bitcoin, and there's nothing more capitalist than wanting to get away from the control of countries and states that might get in the way of making as much profit as possible so,,,, yeah no I'd say hypercapitalist is a valid accusation. Bitcoin was designed to beat the big banks and capitalist status-quo, but I don't think that we can pretend it succeeded anymore.
Its like China calling itself communist, like sure maybe its 0.1% more than ultra capitalist US, but both they're both shit