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A Bitcoin Maxi Just Made the Marxist Case for Bitcoin

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Transcript

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0:00fit into economic history. Um, and you want to give us like an overview of it? Yeah. Yeah. So, the general thought of Marx, Marx’s theory of history is like Marx was looking at evolution from an evolutionary perspective, right? He’s like Darwin figured out how animals evolved and there has to be a way to figure out how societies evolved from an economic point of view, right? And so his thinking, a lot of people get confused and they think when he’s saying socialism, right, we should move to socialism, we should move to communism. It’s sort of like, you know, you should buy a Coke or Pepsi. It’s a decision

0:40that you make. But no, what he’s actually saying is like humanity is moving on this scale, this evolutionary time span, and it is inevitable that capitalism will lead to socialism, and it’s inevitable that socialism will lead to communism from that. It’s just a path that you can’t um you can’t stray from, right? And when when I was looking through his old writing, a lot of what he say says about that time of like and people talk about this latestage capitalism, right? Um it feels like what you’re getting with Bitcoin with this movement towards Bitcoin. I’m writing this back in 2014. Uh but you’re talk he’s he talks about this spontaneous

1:27movement of like people having this spontaneous realization. So it’s not a top- down thing. It’s a decentralized revolution, right? When you think about that in terms of Bitcoin and cryptocurrency of all these people around the world, nobody being forced to do this thing by gunpoint, just