Im sorry you don't encounter people with actual crypto knowledge enough to know what that looks like when they talk to you.
Your whole argument is based on a false premise, the state has the monopoly of violence, it enforces the law that gives the right to own the means of production aka the source of capital...
My dude. I have already pointed out how this description isn't the case anymore because of crypto, and that is why it can destabilize the capitalist system. I can't make you read about Blockchain enough to understand that - that's up to you.
The means of production as owned by the state is WORTHLESS if the state is using fiat while buyers / workers / a bigger economy is entirely crypto driven.
Crypto weakens the states hold over the means of production by devaluing it through a better technological substitute of those means.
Because the concept of a state is outdated. So is it's centralized control of capital, currency, and all the means of production that come with it.
So if those means of production are decentralized from the state - aka block chain - then the state can literally lose the ability to enforce the laws that give them any kind of centralized authority.
In short, no cop is going to protect a capitalist holding dollars, if their paycheck and environment is in crypto. They might actually have the time to think about protecting the people who are all mining crypto, rather than a single old capitalist who is no longer paying them anything close to the same value.
Imagine a miner whose work literally generates capital they can trade. They own the means of production: mining crypto. And the results: crypto currency.
Ethereum even now has smart contracts that have absolutely authority. No state can alter them without altering the block chain itself. They self execute based on rules that cannot be manipulated or corrupted as they can be in a capitalist system.
That's why capitalists invented centralized fiat currency: to control it, and always manipulate deals involving it to their favor.
So a Marxist data scientist invented block chain tech to literally be uncontrollable by a central authority, yet still function as a valuable currency in a digital world.
They did this by making Crypto both a currency AND commodity. So it is a new asset that is both, not one or the other. (WHITEPAPER! Seriously, you should read it if you're a fan of Marx)
As such, holding crypto puts the power of commodities, the literal power of capital, into the hands of those manufacturing it: those with crypto wallets, or those who mine it. Literally the point of Marxism.
Crypto also no longer takes the enegery requirements you think. In 2023 Ethereum updated to a new fork that uses 99.9% less energy than it previously did. An ATM transaction now takes more energy than a crypto one.
Literally, read the white paper. The "problems" you are pointing out are already solved.
The issue is wider adoption of crypto in the face of all the MASSIVE disinformation you've heard about it. Almost like the same massive disinformation that capitalists put out when THEY ARE THREATENED.
Don't tell me you're going to believe what capitalist articles tell you about Crypto, but nothing else? There's a reason it's hated. And that's because it poses an actual threat to capitalism.
People who know that sound like me.
