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VonMises 1 week ago
Well firstly he believed all credit would be controlled by a single state bank. What do you think the Gosbank was?

Replies (3)

 BlueDuckBTC's avatar
BlueDuckBTC 1 week ago
Do you know why Marx thought, at that time, that creating one state bank would be better?
 BlueDuckBTC's avatar
BlueDuckBTC 1 week ago
It was his belief that banking under capitalism would lead to just a few banks controlling everything and therefore controlling capital in the hands of profiteers. He was proven to be right.
 BlueDuckBTC's avatar
BlueDuckBTC 1 week ago
But he could not have conceived bitcoin at that time so I don’t feel it necessary to carry on those beliefs of his. Bitcoin renders that point moot.