Karl Marx's Communist Manifesto demands a state monopoly on money and credit. Since all modern economies use central banks to control the money supply, they are built on a Marxist principle. With money being half of every transaction, these economies are at best 50% capitalist and 50% Marxist.

The argument that 'Bitcoin fixes this' ignores human reality. Its volatility and complexity create an insurmountable adoption barrier for the average person. The only practical solution for the masses is holding governments accountable, not mass crypto adoption.

While private crypto has scams, the true systemic risk is Central Bank Digital Currencies (CBDCs). Being programmable and centralized, they give governments the power to monitor, block, and control every citizen's transactions, creating an infrastructure for authoritarian control under the guise of progress.

Governments fund wars with opaque money printing. Because Bitcoin cannot be printed, it would force leaders to use direct taxation, which citizens would resist. Its unseizable nature also removes the economic incentive of conquering nations for their reserves.

While convenient, the decline of physical cash risks locking the economy into tech platforms and creating barriers for the unbanked. Cash represents an open, uncontrolled system whose loss has significant societal and class-based downsides, concentrating power in the hands of platform owners.

The Canadian government freezing the bank accounts of citizens for making legal donations to the Freedom Convoy protestors established a modern precedent. It demonstrated how a Western government can use financial infrastructure to suppress political dissent without trial or due process, foreshadowing the potential risks of centralized digital currencies.

The Federal Reserve's ability to print money is a direct mechanism to take value from every citizen without legislation. It is mathematically equivalent to government-sanctioned counterfeiting, devaluing currency and transferring wealth from the populace to the government, acting as a tax.

Central banks evolved from gold warehouses that discovered they could issue more paper receipts (IOUs) than the gold they held, creating a fraudulent but profitable "fractional reserve." This practice was eventually co-opted by governments to fund their activities, not for economic stability.

In a novel attempt to delay a debt crisis, policymakers are pushing for regulations that would force stablecoin issuers to back their digital dollars one-to-one with U.S. Treasuries. This cleverly creates a new, captive international market for government debt, helping to prop up the system.