Bitcoin: Libertarian or Socialist?
Bitcoin: Libertarian or Socialist?

An article in the Economist magazine looks at whether crypto currencies like Bitcoin facilitate conservative libertarian ideas or socialist ones. Bitcoin was developed to privatize financial transactions, eliminating the need for banks and government regulation, thus promoting libertarian ideas. On the other hand, crypto currencies could be used to pay people for collaborative work that is now often uncompensated. Decentralized web platforms might be more open to everyone, like Elon Musk wants Twitter to be.

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