Kevin Reed | WSWS.org
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kevinreedwsws.bsky.social
Kevin Reed | WSWS.org
@kevinreedwsws.bsky.social
Writer for the World Socialist Web Site and Member of the Socialist Equality Party
Cryptocurrency is but the latest form of debt or fictitious #capital, i.e., capital with a claim on real (intrinsic) value generated by human labor in the future. It is attractive to the oligarchs for speculation, gambling and swindling, as has been demonstrated amply in the #Bankman-Fried affair.
i.capital
December 3, 2024 at 4:44 PM