Re:China orders Bitcoin exchanges in capital city to close
by harwoodleon on Tuesday September 19, 2017 @09:00PM
(#15289981)
The essence of Chinese politics is communist control. The actual iteration is very different as you say. But this does not alter the fact that freedom of the individual as provided by bitcoin runs counter to the Chinese communist manifesto. I am talking about the clash of ideals really, not actualities.
I'm not really sure what point you're trying to make here; that regulation is a Communist idea? Either way, China is not a Communist society, it's a very capitalist society, with private property, wage labour etc. Also, libertarian (used in the original way libertarian was used) is Communist society. The modern "libertarian" (propertytarian) ideals do not fit in Communist society. Great lovers of freedom from democratic socialists Oscar Wilde to George Orwell to the social anarchists knew this.