/biz/ - Business & Finance

[Anonymous No.14794717]

A number of distinguished people have read Nakamoto’s idea of a “Peer to peer digital cash”

The wealth of those societies where the communistic mode of production prevails,
presents itself as a an immense accumulation of coins, its unit being
a single Satoshi.

The surplus-value produced by a given capital is equal to the
surplus-value produced by each machine. To avoid capitalistic tyranny and
oppression victorious revolution led by the nodes performs a so called
retarget every two weeks.

Retarget is a manifestation of communistic mode of production. Every 2016 blocks
a labour-power is seized and the quality and production target is set collectively,
this form exists first as the price of the electricity offered for sale, then
as an actual sum of coins offered as a mining reward that the wagies exchange
their variable capital for living labour-power.

But assume that the duration of the labour necessary for the production of a
coin becomes doubled every 210000 blocks. In this case, one coin is already worth
as much as two were before, although in both cases one coins renders the same
service as two before, and the useful labour embodied in it remains of the same quantity. But the
quality of labour spent on its production has altered.

[Anonymous No.14794824]

Diddling tit while stroking.
This nigga knows.
Better without pants tho.

[Anonymous No.14794843]

>>14794717
>wearing pants

>>14794824
based

[Anonymous No.14795085]

Imagine taking Marx seriously

[Anonymous No.14795277]

>explains things by referring karl marx.

[Anonymous No.14795334]

>>14795277
This. Marxist conceptual models have literally never predicted the outcome of any decision accurately, ever. That's why Marxist academics have by-and-large retreated into the Humanities, where you can crow about this and that all day without ever having answer for any concrete result.