How bitcoin empowers community and drives economic value

Capitalism, wealth creation, and the role of business in society took center stage in a discussion led by Roundtable anchor, Rob Nelson.

Joined by Alexander McCobin, CEO of Liberty Ventures, and crypto investor Luke Stokes, the conversation explored how businesses contribute to prosperity and how new technologies like bitcoin are reshaping economic systems.

Alexander McCobin argued that business should not be about giving back out of guilt but about creating value that benefits everyone. “The act of being in business is pretty much charitable activity in and of itself,” he said. He stressed that business leaders, by creating real value, improve life expectancy, quality of life, and overall human prosperity, aligning these actions with the core principles of capitalism.

Rob Nelson shared his thoughts on the individualism often associated with capitalism, pointing out that bitcoin offers a more inclusive approach. “Bitcoin allows you to fractionalize and grow wealth for other people,” he explained, praising the cryptocurrency for its capacity to benefit entire communities while staying true to economic value-building principles.

Luke Stokes, taking a broader view of blockchain technology, described bitcoin as “the most secure network on the planet” and a system for “global nonviolent consensus.” He highlighted how blockchain and bitcoin are dismantling traditional barriers, such as intermediaries, which have often added unnecessary layers to the economy.

Both McCobin and Stokes saw bitcoin as a tool for restoring the value creation at the heart of capitalism. Stokes emphasized that bitcoin ensures financial access for anyone with internet connectivity, enabling equal opportunities worldwide and allowing capitalism to flourish by cutting out the middlemen.

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