Thankyou for caring to read. Please believe me when I say this is certainly not a troll, nor an attempt at controversy for its own sake, but as the title implies. Hopefully we all arrived at being "left" through rational means rather than dogma, so applying it to crypto should not cause any inherent issue.

First up, if you haven't read Capital by Marx, don't blame you one bit! The Lion, The Witch and The Wardrobe it ain't. This is to be expected: Marx was, amongst other things, an economist. It can be pretty drab stuff: Wealth of Nations is no better.

Anyway, as we know, in Capital, Marx expounds his Theory of Objective Value, which states that the value of a product is a function of the amount of labour (nice catch, yep, I'm from your former overlords!) applied to the raw materials of that product.

Here's the issue (our elephant). Economics is a branch of mathematics. This matters, because a logical consequence of Marx's theory is, for example, you're in a quarry, ten miles from the nearest stonemason. There is a practically limitless quarry which is one mile from that mason. If you take a rock and smash it up in your current location, you still increased its value.

Now, the economic, intellectual "right" have this demonstrable logical stick with which to assail Marx, and it may be purely down to an attempt on his part to place the primacy of labour centrally. Because, fact is, you can only add value to a natural commodity through the application of labour, but this doesn't mean the application of labour itself adds value: that is, it is necessary, but not sufficient.

This is just an old Trot's ramblings, so I do appreciate you reading this much. Things, as we know, have more than one kind of value: commodity and use values. But Bitcoin is money, it has zero utility, except that of pure information, so we are unable to consider this part of our thinking as far as I see.

Money was invented to solve the Coincidence of Wants issue inherent to societies with surplus. Surplus what? Value, which is why the core function of any money is as a medium of exchange. And this exchange is between that money's network. Which is composed of individuals. These individuals needn't be people, but clearly people are included!

Many things are objectively valuable: food and shelter being the most plain to us. Arguably, a global currency, equally accessible to all, would similarly be so. That's an entirely separate debate though.

But if we want to approach Bitcoin as it deserves: philosophically, this is not a trivial issue, especially when you consider the prevalence of the Austrian economists specifically within the Bitcoin space.

Value is subjective. Bleurgh, I know, I said it, but think about what the word describes, it kinda has to be, no? Come on, empathetic types who care about human liberation achieved through material analysis, I also believe Satoshi wanted that, so how do we take the Ammouses of the world on?

And thankyou.

Hey guys,

As the bullrun is happening right before our eyes, there are new people everyday who decide its time to invest. Buying BTC now is probably still not a bad idea, even though its gonna go down after this runs peak, we dont know where the bottom will be, so DCAing slowly is still not that bad, if your plan is to hold for 5y+

We know that most people are not that patient and end up being the exit liquidity for someone whos longer in the game.

Thats the job the newcomers during the bullrun have, its sad but it is like this, someone has to lose dor you to win.

And as i said, someone always has to lose, but i can help that you are not one of those ones, ofcourse nothing is guaranteed in crypto, its highly risky, especially now that the "safe" coins like Xrp or sol have already long left the best or this cycles best buying opportunity. What im saying is to get big returns you have to accept even more risk.

I can help explain crypto in simple terms to you, direct you to the right way.

If you are interested, feel free to ask me anything you want to know or just dont get in my dms.

Disclaimer: Crypto is absolutely risky, although it can be an big income source if done right, it also can be a big loss and it is for most people.

Im NOT a scammer, i dont want to know your wallet adress, name or any personal info whatsoever!

Hey all, I know usually a reddit post claiming there's an airdrop is most definitely a scam, but this is an ACTUAL airdrop for those who hold BREAD, the community currency for Breadchain Cooperative, the only post-capitalist crypto project co-founded by me and a few others from this community (most activity on the discord). the airdrop is coming from our friends at Common Ground who have graciously allowed those who hold at least 100 BREAD to claim some of their tokens they're releasing in the Breadchain community here they made for us.

You can still take part in the airdrop if you bake 100 BREAD in our application on Gnosis Chain here. If you need to bridge assets then we'd recommend deBridge to get assets from any other chain to Gnosis. To learn more about the project then check out the FAQs in the app or our documentation on Notion here.

What are your thoughts on creating a media platform that was democratized. So its members would get to vote on and decide who becomes a host, editor, and to a large extent content.