The next MDF Meeting will be held on 27th January 2018 at the Rutland Arms, 86 Brown Street, Sheffield S1 2BS. All welcome
Bitcoins: a saviour or a new imperialism?
Cryptocurrencies such as Bitcoins are the new in-thing for the world economy. They provide a technological solution to internet trading and release the global economy from some of the limitations placed by nation states.
Does that mean they will weaken capitalism? Can they provide a technological solution to capitals financial crisis? Do they attack the grip of imperialism on the world economy or do they strengthen it? Are they just another financial bubble that will burst before long? Can they be used by workers in future to convert a capitalist economy to communism?
Whatever your thoughts on these questions, Bitcoins etc are now being presented as the latest in a series of idealistic technological solutions to the pressures of living in capitalist society. Bitcoins are just one new element in the world economy and we wish to discuss their role in a capitalist economy that keeps changing rapidly. Just how is modern day imperialism changing and how are the pressures impacting upon us all.