Etiket: capitalism

  • Bitcoin: Manifestation of Late-Stage Capitalism

    Bitcoin: Manifestation of Late-Stage Capitalism

    Bitcoin, a decentralized digital currency, bypasses state control offering individuals financial autonomy. From a Marxist view, it represents late-stage capitalism by emphasizing speculative wealth and deepening social inequality. Bitcoin mining is energy-intensive, benefiting the wealthy and harming the environment, while undermining state economic regulation. Thus, Bitcoin mirrors capitalism’s contradictions.

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