• Home
  • Cryptocurrency
  • Mining
  • Blockchain
  • NFT
  • Metaverse

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

10 Reasons Why Bitcoin Is a Reasonable Long Term Investment

30.03.2023
What is DeFi staking

What is DeFi staking and how to profit from it right now?

04.11.2022
The biggest off-change Bitcoin whale keeps buying BTC

Some lessons you should’ve learned at the current crypto sell-off

02.11.2022
Twitter Reddit
cryptolife.report
SUBSCRIBE
  • Home
  • Cryptocurrency
  • Mining
  • Blockchain
  • NFT
  • Metaverse
cryptolife.report
Home » Bitcoin is a bloodless economic revolution that Lenin would envy, famous broker claims
Cryptocurrency

Bitcoin is a bloodless economic revolution that Lenin would envy, famous broker claims

Max RokatanskyBy Max Rokatansky07.05.2022
Bitcoin is a revolution
Bitcoin is a revolution

The revolutionaries are gathering again. But this time, they have the most powerful economic weapon citizens have ever had. Bitcoin revolution is inevitable, Nick Opaevsky, a Bitcoin Reserve co-founder says.

And this revolution is going to be bloodless.

According to Opaevsky’s opinion, published by Cointelegraph, there is a whiff of rebellion is in the air today.

People lost faith in their politicians. They are beginning to question long-established economic and monetary narratives.

What’s so compelling about Bitcoin is that it doesn’t have to preach its own gospel. The more people learn about Bitcoin, the more they understand how they are being cheated under the current system, Opaevsky claims.

A bloodless Bitcoin revolution

If Karl Marx and Friedrich Engels were resurrected today, the apparent lack of class conflict would probably make the revolutionaries think their ideas had won.

Yes, our society is almost absolutely silent on the struggle of classes. You don’t see it on TV or in the news. The eternal struggle between labor and capital, the oppressors and the exploited, seems to be over.

Of course, we now have other issues. Our society is split on all manner of subjects — from identity politics to the correct COVID-19 strategy.

But why are we silent about the labor and capital issue? And what does this silence have to do with Bitcoin revolution?

Opaevsky claims that the rage never actually went away. Inequality has grown even more pronounced, capitalism’s discontents are no longer limited to the Left.

But there is a thing that kind of changes a lot. Crucially, revolutionaries now have access to the most powerful economic weapon that ordinary citizens have ever had.

It’s cryptocurrency. It’s Bitcoin that is about to lead the new economic revolution.

No, Bitcoin has nothing to do with communism!

It’s common to blame “capitalism” for the economic and societal issues the world is facing today, Opaevsky cleverly points. But it’s not capitalism that Bitcoin revolution is about to overthrow.

But if  Marx were alive today, he would find a lot to love about our financial system.

Some of the pillars of American economy are quite communist. Marx’s fifth tenet of communism argues for the “centralization of credit in the hands of the state, by means of a national bank and an exclusive monopoly.”

It looks rather familiar, doesn’t it?

According to Opaevsky, we, in many ways, actually live in a “soft socialist” utopia.

All the regulations, subsidies and other state interventions aim to protect corporate behemoths and those whose wealth resides in assets rather than savings accounts.

How exactly is Bitcoin revolution happening?

Opaevsky urges us to ask this question to Salvadorans. Because that is a perfect example of the revolution invoked by Bitcoin.

El Salvador with its bold Bitcoin’s adaptation is a great example of how revolution of crypto is making its way.

Before Bitcoin, Salvadorans receiving remittances from abroad had to pay a sizable fee to money transfer businesses like Western Union or MoneyGram. Now that cash will go directly to food or medicine.

With Bitcoin now legal in El Salvador, Western Union and other institutions of its kind will lose $400 million per year.

Who gets this money after all?

Poor Salvadorans, of course. And that is amazing.

This is how the Bitcoin revolution will happen — not via violence but through choice, Opaevsky concludes.

It is already happening. And the Bitcoin revolution will gain momentum as the “squeezed middle” find themselves harder hit. History has shown us more than once that revolutions only happen once the middle classes and political moderates embrace the radical ideas of the revolution.

Show people how the fiat system makes them poorer, give them the ability to grow their wealth in uninflatable Bitcoin, and they will make the inevitable choice. In favor of Bitcoin revolution, of course.

Source: Cointelegraph

Bitcoin
Share. Facebook Twitter Telegram Reddit Email
Previous ArticleNo, it is not too late to invest in crypto. Forget Bitcoin, use other options
Next Article Microsoft shows its vision of the Metaverse, and it looks quite promising
Max Rokatansky
  • Website
  • Twitter

Staff writer at cryptolife.report. Max has been covering the tech industry for many years. He believes that crypto is the only thing that can save modern civilization from a slow decline. Decentralized finance is just the beginning. We are at dawn of the stunning new world of decentralized media and direct democracy. No proxies! Be the change you wish to see in the world.


Related

10 Reasons Why Bitcoin Is a Reasonable Long Term Investment

30.03.2023
The biggest off-change Bitcoin whale keeps buying BTC

Some lessons you should’ve learned at the current crypto sell-off

02.11.2022
What could kill Bitcoin

What could kill Bitcoin?

21.06.2022
Add A Comment

Comments are closed.

Highlights
Bitcoin is going as low as $8,000 Cryptocurrency

Bitcoin could go as low as $8,000 pretty soon. There is a reason for that

14.06.2022

Bitcoin is really low now, but it seems to have support at $23K. Analysts warn…

NFT to help Ukraine gain money

AI created the biggest NFT collection to support Ukraine

08.06.2022
Bitcoin vs gold

Bitcoin vs gold. Five reasons why you should prefer crypto during recession

06.06.2022
Wall Street can actually kill crypto market

Wall Street is killing crypto market and there is nothing you can do

27.05.2022
Follow us
  • Facebook
  • Twitter
  • Telegram
  • Reddit
Twitter Reddit
  • Home
  • Cryptocurrency
  • Mining
  • Blockchain
  • NFT
  • Metaverse

  • About Us
  • Get In Touch
  • T&C
  • Privacy Policy
  • California Notice
сryptolife.report is a media outlet about digital assets and decentralized finance. Our team gathered to build a strong community of crypto enthusiasts who are willing to change the future of the world economy. And the new decision as a decentralized digital economy is already here to come.

© 2023 cryptolife.report

DMCA.com Protection Status

Type above and press Enter to search. Press Esc to cancel.