Cointime

Download App
iOS & Android

Ideology vs Technology — Is Bitcoin an Anti-Communist System?

By going down the Bitcoin rabbit hole and by reading the tweets from some of the plebs one would be inclined to think that Bitcoin is a conservative or even a libertarian idea.

It certainly goes against the State and proposes a more self-sovereign form of property that can’t be confiscated, censored, or seized.

This can and does attract certain anti-state groups that value independence, self-sufficiency, and private property.

As a matter of fact, Mark Moss and Aleks Svetski have recently published the book: the un-communist manifesto in which they defend the thesis that Bitcoin prevents most of the dystopian situations often found in communist regimes.

By listening to such arguments one should think that Bitcoin is anti-liberal and pro-conservative. But that’s far from the truth.

Bitcoin is a tool that offers independence and self-sovereignty by taking power from the state and giving it to the individual. In that sense, it is anti-establishment whether the government is left or right.

Allegedly, socialist governments aim to empower citizens and redistribute wealth by giving opportunities to the most disadvantaged in order to make a more egalitarian society.

Well, that is exactly what Bitcoin does. Only it works.

Bitcoin is the best opportunity for wealth redistribution in financial history. The current system is broken. Banks, big corporations, and wealthy individuals have an unfair advantage and under the fiat system, they will only get richer and bigger over time.

The Cantillon Effect

According to Cantillon, an English economist from the 18th century, those who are near the money machine benefit disproportionally while the rest get punished by inflation and taxes.

The Bitcoin protocol proposes to move away from the Catillon effect by creating a monetary policy that is predictable, transparent, and immutable.

The system is open to everyone. Those who spend computational power and energy get to mine Bitcoin. Others buy bitcoin with Fiat. And the rest work and get paid in Bitcoin.

In any case, nobody gets money for free. All have to work hard to take a piece of the pie and everybody is in the same position to increase their stack.

Of course, the richest could acquire more BTC simply because they have more money but they will do so at market prices and not as handouts from corrupt officials.

In this sense, Bitcoin is the most equalizing monetary technology and could even be considered socialist in principle.

Window Opportunity

If you are fed up watching the rich get richer while you get poorer and think there is no escape, think twice.

Buy the Dip.

Right now, for several reasons, the wealthy are not queuing up to buy Bitcoin and the price is at a 70% discount from its ATH. You can spend your fiat now and take advantage of being early.

There are only 21 million BTC, 19 of which are already out in the market. There are 54 million millionaires. They won’t be able to buy not even half a coin. If you buy 1 BTC now at 20k you will be in a better financial position than most of them in 10 years.

Isn’t this the idea of communism after all?

Wealth Redistribution

When you play a game and the rules are bent to benefit a few actors you simply can’t win. Whether your ideology is left or right it doesn’t matter since the powerful lobbies have kidnaped governments and their mission has become to siphon money out of your pocket and give it to the elite.

If you commune with the ideas of the left then you are inherently supporting the case for Bitcoin. We are all going against the elite, against the unlimited printing that benefits only a few, and against the confiscation of money from the state.

In order to build a better society and a fairer system we need to break the current fiat apparatus. Printing money forever backed by ever-increasing debt is clearly not the best solution and this is the main factor for the decline in living standards for the middle and working class in the last 50 years.

New generations will never be able to afford a house.

How is that fair?

The system that creates rampant inflation borrows from the future to spend it now. They started in the 70s by breaking the gold standard and ever since purchasing power has decreased substantially for those that are actually doing the work.

My father bought two houses with a modest salary and no mortgage. I can barely afford one. My son will be houseless forever.

Left and right-wing have come and gone and the situation gets worse every decade.

It is not a matter of social policy, handouts, or taxing the rich. It is a matter of replacing a crooked system with something that works and can’t be manipulated by bad actors.

Power Hungry

Governments, whether left or right, are power thirsty. The more they have the more they want. They take every opportunity to remove independence from you and make you an obedient slave.

A money printing machine is a powerful tool and they won’t give it away easily. Only by creating a decentralized system that operates independently, we can reclaim some sovereignty.

This is a left and a right ideal at least in spirit. The problem is that ideals get corrupted by power. Most of the revolutions we’ve seen in history were well-intentioned, it is only when the chosen ones get to power that they stray from those lofty goals.

Power corrupts and infinite power corrupts infinitely. Bitcoin proposes a system in which monetary policy is fixed and not prone to manipulation by elites.

The bitcoin protocol proposes immutable, transparent rules that are the same for everyone.

A math-based system is more objective than one based on fiction.

When you play chess you don’t change the rules just because your opponent is left or right-wing. Bitcoin is chess.

Satoshi Nakamoto created a system that forces every player to play under the same rules, under the same protocol, and under the same immutable scarcity.

That is a fair system and progressives and conservatives alike can agree on it.

Separation of Money and State

A long time ago it became apparent the need to separate church and state. Now the need to separate money and state is even stronger.

We are living in an era of unprecedented inflation, unlimited debt, and infinite money printing. The whole fiat system is a Ponzi scheme that is about to collapse.

Whether you are blue or red, you probably agree with this unless you’ve been hiding in a cave for the last 50 years.

Sometimes ideology is not the solution but the problem. I would like to see more politicians that think like engineers rather than rent seekers playing dirty to win votes.

It is not that hard. Just put in place a system that works, that is fair and that can’t be bent by the elite.

Bitcoin Fixes This

Conclusion

Bitcoin is neither left nor right-wing. It doesn’t care if you are a black lesbian or a white redneck. It works equally for everybody.

Bitcoin is just a tool, just a technology, and one that works beautifully for that matter. Nobody thinks the internet is an ideology because it is not. The same goes for Bitcoin.

The fiat system is a failed experiment that relies too much on power. It is not fair, objective, or efficient. By removing the ability to counterfeit money we will return to a more transparent and equitable system in which the rules are fixed and no one plays with an unfair advantage.

Bitcoin is not an ideology. Bitcoin is a system of math, truth, and transparency.

If you dislike Bitcoin because you think is a toy for the rich, you got the wrong end of the stick.

A group that will disproportionately benefit from Bitcoin is the disadvantaged from the global south. In those places, corruption, manipulation, and inflation are extreme and so is poverty.

Vietnam, Venezuela, Nigeria, and Ukraine are some of the places with the highest Bitcoin adoption. They know their fiat system is broken and they have found a safe haven from it.

Bitcoin is becoming the most powerful tool for wealth redistribution and thanks to it many families can look at the future with optimism and hope.

Does this sound right-wing to you?

What Karl Marx tried to do; redistribute wealth (and failed miserably) can now be achieved with this monetary technology that is already delivering unmistakable results all over the world.

We all want a fair system, we all want to raise our standards of living, and we all want justice.

Bitcoin fixes this regardless of ideology.

Comments

All Comments

Recommended for you

  • A Total of 37,212.18 DMD Permanently Burned Over the Past 7 Days

    July 9, 2026 — According to the latest on-chain data released by DMDAO, a total of 37,212.18 DMD has been permanently burned over the past seven calendar days through the protocol's predefined trading and wealth management burn mechanisms.

  • Whale Transfers 1,133 BTC to Coinbase Prime, Valued at $71.48 Million

    According to Onchain Lens monitoring, a whale transferred 1,133 BTC from Coinbase to Coinbase Prime through an intermediary wallet, valued at $71.48 million.

  • U.S. AI Chip Stocks Decline Before Market Open, Intel Falls Over 3%

    On July 7, U.S. AI chip stocks experienced widespread declines before the market opened. Intel dropped over 3%, while AMD, Qualcomm, and NXP fell more than 2%. TSMC, Broadcom, and Tesla decreased by over 1%, and NVIDIA declined by 0.7%.

  • China's Central Bank Increases Gold Reserves for the 20th Consecutive Month

    As of the end of June, China's gold reserves stood at 75.44 million ounces (approximately 2,346.446 tons), an increase of 480,000 ounces (about 14.93 tons) from the end of May, which reported 74.96 million ounces (approximately 2,331.52 tons). This marks the 20th consecutive month of gold accumulation.

  • China's Foreign Exchange Reserves in June at $341.6262 Billion

    On July 7, China's foreign exchange reserves for June stood at $341.6262 billion, a decrease of $26 billion from the end of May, representing a decline of 0.75%, with expectations set at $343.2 billion.

  • U.S. Storage Stocks Drop Pre-Market, SanDisk and Micron Down Over 4%

    On July 7, U.S. storage concept stocks collectively fell in pre-market trading. Western Digital dropped over 5%, SanDisk and Micron Technology fell over 4%, Seagate Technology declined over 3%, Rambus fell over 2%, and SMI fell over 1%.

  • U.S. Stocks in Optical Communication Sector Drop Pre-Market

    On July 7, stocks in the optical communication sector of the U.S. market collectively fell pre-market. Astera Labs dropped over 4%, while Marvell Technology, Credo Technology, and AXT Inc. fell more than 3%. Tower Semiconductor, MaxLinear, Corning, Applied Optoelectronics, GlobalFoundries, Lumentum, and Qorvo all declined by more than 2%. Coherent, Nokia, Amphenol, and Broadcom dropped over 1%.

  • Pre-market Decline in U.S. Storage Stocks

    In pre-market trading, U.S. storage concept stocks experienced a widespread decline, with Micron Technology falling by 4.8%, SanDisk dropping over 4%, Corning down more than 2%, and Intel decreasing by over 3%.

  • Two Departments: Support for Reinsurance Institutions to Increase Capital and Issue Supplementary Capital Tools

    On July 7, the National Financial Supervision and Administration Bureau and the Shanghai Municipal Government released several measures to accelerate the construction of the Shanghai International Reinsurance Center. Among these measures, they proposed to enhance the quality and efficiency of the reinsurance industry, support reinsurance institutions in increasing capital and expanding shares, and issuing supplementary capital tools to improve the capacity for internal capital accumulation and external capital supplementation, thereby strengthening the reinsurance industry's capabilities. The initiative aims to guide the insurance industry to focus on major national projects, strategic emerging industries, and livelihood security, consolidating insurance and reinsurance underwriting capabilities to enhance risk protection levels. It also supports reinsurance institutions in leveraging their professional technical advantages to assist the insurance industry in reducing risk.

  • Sources: Saudi Arabia Plans to Expand Oil Pipeline to Red Sea, Increasing Capacity by 2 Million Barrels Daily to Bypass Strait of Hormuz

    On July 7, five informed sources revealed that Saudi Arabia is considering expanding the crude oil pipeline capacity to its western coast on the Red Sea, allowing Saudi Arabia and its neighbors to transport more oil without passing through the Strait of Hormuz. This east-west pipeline, built in the early 1980s, has gained strategic importance since the outbreak of the Iran war in February and the disruption of shipping in the Strait of Hormuz. The pipeline can deliver up to 7 million barrels of crude oil per day to the Red Sea port. The CEO of Saudi Aramco stated in May that approximately 2 million barrels are supplied to west coast refineries, while about 5 million barrels are for export. Sources indicate that Saudi Arabia is in preliminary discussions with some neighboring countries regarding the pipeline expansion, aiming to add about 2 million barrels of pipeline capacity per day. It remains unclear whether Aramco's planned expansion involves upgrading existing infrastructure or constructing new pipelines. One source mentioned that the expansion plan also includes a smaller refined oil pipeline. Two sources indicated that the expansion scale could range from 1 million to 2 million barrels per day, with refined oil also being considered. Another source stated that the project would take several years and cost billions of dollars, requiring adjustments to Saudi crude pricing mechanisms.