Message from @WizardLizardInABlizzard
Discord ID: 497933450725294086
@SchloppyDoggo Say I hold my money in BTC. A competing coin could completely devalue my assets if people move to Bitcoin SUPREME or something.
ik
we need to make usa more national capitalist
having the capitalist tag doesn't mean i support pure capitalism
Supersyphagohnaherpaaides starts in canada
@PainSeeker5 what type do you like
?
@PainSeeker5 do you disagree that capitalism (the enabler) and personal greed is what enables and incentivizes companies to outsource and use cheaper labor?
classic, social?
Social capitalism?
@The_Don_73 yes
it's a thing
Meme
it's werid
Iβve never heard of that
Socialist capitalism
@SchloppyDoggo Infinite supply and competition in the crypto market, not internally
Gov controlled monopolies that control market? @Living The Dream π
people call it a `"mixed economy" `
In a way, yes that can be the case, hell it is what most of the case is, one thing however is the fact that outsourcing may hurt the bottom line but brings in the bank that can necessarily aid the economy
@WizardLizardInABlizzard no sir
majority of capitalism does enable bad practice
but the think is competition, when regulated enough, can weed out the bullshit
lt can help the economy and the immigrants but it does not help the natives of the country
ex. ETH is one of the few cryptos that has an infinite mineable supply. 99% of crypto has a fixed supply. we havent even reached 1% adoption as crypto as a tech. investing now, is like investing in the cellphone when it first came out. everyone willl be using it and FIAT will be abandoned and replacced by govt issued crypto before 2100 gets here. @Supreme Leader Kim π§§
Social Capitalism can be defined as a socially minded form of capitalism, where the goal is making positive social improvements, rather than focusing entirely on accumulating of capital. It is a utilitarian form of capitalism with a social purpose.
Pat Little is based
@Mord a better economy can indirectly aid the natives
it can
When your whole town is unemployed because they outsourced your jobs but that doesnβt matter because your GDP when up .00000001%
not 100% proven
but it can
@SchloppyDoggo Yeah I get that. I'm saying what stops a coin from forking infinite times? That's the infinite supply I'm worried about.
Protective capitalism is what i think usa needs
I mean I think the market should serve the people
turmp is going that way
Hamilton was based
No the other way around
@Supreme Leader Kim 𧧠have you noticed that 99% of BTC forks are worthless?
How will they benefit if they are not being hired because immigrants are hired instead