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A comment on Bitcoin is largely controlled by a small group of investors and miners. Parent comment

Re:Bitcoin is largely controlled by a small group of investo... by leonardp on Wednesday October 27, 2021 @02:57AM (#29010309)
There is a foundational theoretical text in materialist philosophy that predicts exactly this happening. It was written in 1867. When reading articles like this I sometimes feel like the only thing we can learn from history is that we do not learn from history.
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Re:Bitcoin is largely controlled by a small group of investo... by zadler on Wednesday October 27, 2021 @03:33AM (#29010510)
Das Kapital?
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Re:Bitcoin is largely controlled by a small group of investo... by ThaJay on Wednesday October 27, 2021 @05:54AM (#29011214)
I think it's a bit more complicated. We just arrived a little while ago in late-stage capitalism (around 2007 I reckon?), so now looking forward it's either revolution or back to feudalism.
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Re:Bitcoin is largely controlled by a small group of investo... by cmrdporcupine on Wednesday October 27, 2021 @07:23AM (#29011745)
Ernest Mandel's "Late Capitalism" was published in 1975 (the year after I was born), to describe his present period.
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