Recently, I’ve been reading about the foundations of the American Labor Movement. Specifically, the birth of the Industrial Workers of the World and a group called the Wobblies, a nickname given to IWW Members. At its peak, the IWW had over 150,000 members in 1917, with global memberships and significant power and influence. While the IWW was a socialist leaning organization in theory, many of its core values were intertwined into the DNA of the American Labor movement, and was undeniably pivotal to the development of organized labor and a strong working class following the industrial revolution. The parallels between some of the IWW’s origins and ideologies and Bitcoin are significant, and shall be demonstrated with quotes rather than boring you to death with in depth history.
All quotes are attributed to the book “Wobblies: A Graphic History of The Industrial Workers of the World (Buhle/Schulman.
Origins and Genesis
“No one can say exactly where the inspiration for the IWW came from. The origins are too numerous both in the U.S. and abroad…”
Similarly, the nickname of the Wobblies, has no clear origin. Naturally, some of the mythology around Bitcoin comes to mind, and while Bitcoin’s origins are clearly documented via white paper and email communications, its creator or creators is or are shrouded in mystery. As Bitcoin caught gained popularity, its growth was decentralized and organic. In another parallel, while the IWW and American Labor Movement had prior inspirations, it was a pioneer in the sense of organizing labor across ethnic, gender, religious and other demographic differences.
“After the Civil War, massive industry grew up faster than anyone could have imagined, with previously unthinkable wealth accruing to the bankers but with millions of desperately poor working people, employed at low wages or unemployed in the frequent economic recessions”
From the financial crisis, to post-covid wealth accumulation within the ranks of billionaires, to a current AI, robotics and self-automation boom underway, this story is all too familiar. However, recessions have been all but outlawed, replaced by government intervention, currently placing systems as large as Pensions and Social Security on the equivilant of government welfare and dependence.
Wobblies and Bitcoiners
“The Wobbly, male or female, Asian or Occidental, black, brown, red or white, was only an ordinary human being in physique”
We feel the same about Bitcoiners. We have all met some of the most inspiring people in our lives in this space. It is both the character, grit and determination that allows individuals to discover and understand Bitcoin, as well as the character building journey a Bitcoiner must take to fully grasp Bitcoin and share it with a world that rounds out what many of us believe is the most talented and motivated communities in the world.
“Their story was collaborative, collective, not reliant on any one hero or heroine-as heroic (or tragic) as individual Wobblies lives might be.”
Kill your heroes. Death to Ego. Bitcoin doesn’t need any of us.
Solidarity: A movement greater than the individual
“The world of the Wobblies was one realized in its best moments by solidarity across race, ethnic, gender and nationality lines”
The beauty of Bitcoin is it requires no trust between those who transact with each other. And in doing such, Bitcoin allows humans to deconstruct the daily head to toe analysis we perform on each other daily; an analysis that instinctually calls out our differences, with roots in paranoia and fear. While blind solidarity amongst Bitcoiners is the antithesis of “dont trust, verify,” there is a strong natural bond between Bitcoiners. I believe the future of Bitcoin, when facing its largest tests ahead, will very much depend upon a deepened solidarity between those who subscribe to Bitcoin’s Genesis, core values, and blind commitment to being honest, true and trustless.
AFL vs. Knights of Labor
“The earliest mass movement for an eight hour workday during 1885-86, highlighted the different roles of two kinds of labor movements. The American Federation of Labor, founded in 1883, sought to organize skilled workers (almost entirely white and male) only…whereas the Knights of Labor, founded in 1869 as a secret society..extended its membership to almost all workers (except Chinese), including African-Americans and women.”
The AFL and its exclusive country club brand of membership outlasted the ultimate demise of the Knights of Labor and still exists today as the AFL-CIO. In reading about the different philosophies of the AFL and Knights of Labor it brings up parallels within the Bitcoin community, frequently heard criticisms of Bitcoin Maxi’s, as well as Bitcoin v. Crypto. I leave you the reader to draw your own thoughts here, as parallels are in their nature loose affiliations at best.
The Movement
“In the industrially advanced United States, the working class had been prepared ready to assume control of society and to replace “politics” and the “State” with a government of direct rule. As Marx had pointed out about the Paris Commune (and Lenin would repeat for the Soviets), the existing government apparatus could not be infiltrated and taken over piece-meal; it had to be dissolved and repalced by a truly democratic, modern form of government”
There are two camps of thought in Bitcoin, one that calls for a full collapse of the current financial system, and migration to a Bitcoin Standard, and another that insists Bitcoin can co-exist with and even surpass the current financial system without the latters’ collapse. While money is not identical to government in this parallel, the amount in which money is entrenched in the legacy financial system, is prodigious, and this always sparks interesting debate between Bitcoiners.
“For the IWW..the familiar problem of the socialist movement being notoriously small in the US could be solved in a new way. ‘Educating’ workers into becoming socialists, through newspapers, speeches and election campaigns, was too passive and not very successful. Workers needed to educate themselves, in and through their own actions and self-organization.”
Some opposing parallels here. Immediately, I think of a core value of Bitcoiners, which is that, no one can walk this path for you. Proof of Work can not be sidestepped or bypassed. No individual or group can cheat the quest for knowledge, both about Bitcoin and the system it sits poised to replace. The Bitcoin journeys of individuals and membership-based orgs, absent continuous learning and education, often end up in loss or disappointment. Those who do the work, find that their knowledge of money blossoms, and few if any have ever turned back after coming to deeply understand Bitcoin.
Simultaneously, my mind shifts to the oligarchy’s attempts at no less than a 10 year negative media blitz on all things Bitcoin. It slowed the train but it did not work. The other day, I randomly asked people at the 3rd Street promenade in Santa Monica, to share their thoughts on Bitcoin. Overwhelmingly positive, and having some foundation in accuracy. The movement to dissuade people from finding Bitcoin was a delay of the inevitable at best. Because nothing can stop an idea whose time has come.
Conclusions
On this labor day, I gaze upon the deeply polarized two party political system of the dominant world power today. And as I see labor unions align with one party, at the expense of creating division within their ranks, I see a labor movement that has drifted from its original foundation. While the IWW rose and fell, its pinnacle represented an unwavering movement, a solidarity and commitment to the worker above everything else. And there is power in that. I see parallels today in Bitcoin.
The core principles of Bitcoin transcend our differences and are worth fighting for. At Proof of Workforce, our method of fighting for these values is through education-based Bitcoin adoption for workers, unions, pension funds and municipalities. And in doing so, we are sharing not just bitcoin the asset, or Bitcoin the Network, we are communicating the Genesis of Bitcoin and its values, so that they may not be lost in the progression of time.
Finally, Bitcoin is a natural evolution of the labor movement, sharing many similarities and parallels. However, unlike the labor movement, the worker can rely on Bitcoin, absent any allegiance to any political party, leader or oligarchy. And in this sense, Bitcoin and its system of values stands to be adopted by unions all over the world. And in doing so, unions around the world can become re-aligned to their Genesis Story. A story where solidarity comes above all, a story where workers come together to hold onto the very productive property dependent upon their labor. A story where, as many workers stand to be phased out of relevance due to automation and AI, the unions representing them look forward and claim ownership of the most accessible and promising productive property available to them today; Bitcoin.
This is a guest post by Dom Bei. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
A look at the history of the American and global Labor Movement, and the parallels between Bitcoin’s and the labor movement’s evolutions.
Amazon’s journey from a modest online bookstore to the world’s largest online retailer is a narrative of innovation, disruption, and relentless ambition. Today, Amazon dominates the e-commerce landscape, setting the standard for online shopping with its vast product selection, lightning-fast delivery, and customer-centric approach. This article explores the evolution of Amazon’s leadership in online shopping, examining the key strategies, innovations, and challenges that have shaped its rise to the top.
The Early Days: From Bookstore to Everything Store
Amazon was founded by Jeff Bezos in 1994 as an online bookstore, capitalizing on the internet’s potential to reach a global audience. The decision to start with books was strategic; books were easy to ship, did not require much storage space, and had a universal appeal. From the beginning, Bezos envisioned Amazon as more than just a bookstore. His long-term goal was to create the “everything store,” a one-stop-shop where customers could find and purchase anything they needed online.
The initial success of Amazon was driven by its innovative approach to e-commerce. While traditional bookstores were limited by physical space, Amazon offered an extensive catalog of books that was virtually limitless. The company’s early focus on customer satisfaction, with features like customer reviews, personalized recommendations, and a user-friendly interface, set it apart from competitors.
By 1997, Amazon had gone public, and its rapid growth continued. The company began to expand its product offerings beyond books, gradually adding categories like music, electronics, and toys. This diversification was essential to Amazon’s strategy of becoming the go-to online retailer for all consumer needs. The company’s ability to offer a wide range of products, combined with its commitment to customer service, established it as a leader in online shopping.
Innovation and Expansion: The Prime Revolution
One of the most significant milestones in Amazon’s evolution was the launch of Amazon Prime in 2005. For an annual fee, Prime members received free two-day shipping on eligible purchases, a proposition that was revolutionary at the time. The introduction of Prime was a game-changer, transforming customer expectations and further solidifying Amazon’s leadership in online shopping.
Prime was more than just a shipping service; it was a strategic move to create customer loyalty. The subscription model incentivized customers to make Amazon their default shopping destination, as the more they used Prime, the more value they received. Over time, Amazon expanded the benefits of Prime to include streaming video and music, exclusive deals, and other perks, making it an indispensable service for millions of customers.
The success of Prime can be measured by its membership numbers, which have grown exponentially over the years. As of 2024, Amazon Prime has over 200 million members worldwide, a testament to the value it offers. The Prime membership model has been so successful that it has influenced the broader retail industry, with many competitors launching their own subscription services in response.
The Technology Edge: Fulfillment and Logistics
Amazon’s dominance in online shopping is not just a result of its vast product selection and customer-centric approach; it is also rooted in its technological prowess. The company has invested heavily in building a state-of-the-art fulfillment and logistics network, which has been a critical factor in its ability to offer fast, reliable delivery to customers.
Amazon’s fulfillment centers, which are strategically located around the world, are marvels of automation and efficiency. These facilities use advanced robotics, artificial intelligence, and data analytics to manage inventory, process orders, and ship products with unparalleled speed. The company’s ability to deliver products quickly and accurately is a key reason why customers choose Amazon over other online retailers.
In addition to its fulfillment centers, Amazon has developed a vast logistics network that includes its own fleet of planes, trucks, and delivery vehicles. The company’s investment in logistics has allowed it to reduce its reliance on third-party carriers like UPS and FedEx, giving it greater control over the delivery process. This vertical integration has enabled Amazon to offer services like same-day and next-day delivery, further enhancing its competitive advantage.
Moreover, Amazon’s logistics innovations extend beyond its own operations. The company’s delivery service partner (DSP) program has created opportunities for small businesses to operate delivery routes for Amazon, while its crowd-sourced delivery platform, Amazon Flex, allows individuals to deliver packages using their own vehicles. These initiatives have expanded Amazon’s delivery capacity and ensured that it can meet the growing demand for fast shipping.
Expanding the Ecosystem: Marketplace and AWS
Another key component of Amazon’s success in online shopping is its ability to create a comprehensive ecosystem that extends beyond retail. The Amazon Marketplace, launched in 2000, has been instrumental in expanding the company’s product selection and driving revenue growth. The Marketplace allows third-party sellers to list their products on Amazon’s platform, giving customers access to a wider range of goods and enabling Amazon to earn a commission on each sale.
The success of the Marketplace has been staggering. Today, over half of the products sold on Amazon are from third-party sellers, many of whom are small and medium-sized businesses. The Marketplace has also been a critical factor in Amazon’s global expansion, as it allows sellers from around the world to reach customers in different markets without the need for a physical presence.
In addition to the Marketplace, Amazon Web Services (AWS) has played a crucial role in the company’s growth and profitability. Launched in 2006, AWS offers cloud computing services to businesses, allowing them to store data, run applications, and scale their operations with ease. AWS has become the backbone of the internet, powering everything from startups to large enterprises. The revenue generated by AWS has given Amazon the financial flexibility to invest heavily in its retail operations, including its logistics network, Prime, and original content for Prime Video.
Challenges and Criticisms
While Amazon’s leadership in online shopping is undeniable, it has not been without challenges and criticisms. The company’s dominance has raised concerns about its impact on competition, with critics arguing that Amazon’s scale and market power give it an unfair advantage over smaller retailers. There have also been concerns about the treatment of workers in Amazon’s fulfillment centers, with reports of grueling conditions and low wages sparking public outcry and calls for better labor practices.
Amazon has also faced scrutiny over its impact on the environment. The company’s rapid delivery services, which require a vast logistics network, contribute to carbon emissions and environmental degradation. In response, Amazon has pledged to achieve net-zero carbon emissions by 2040 and has invested in renewable energy and electric vehicles to reduce its environmental footprint.
Despite these challenges, Amazon continues to grow and innovate, constantly pushing the boundaries of what is possible in online shopping. The company’s ability to adapt to changing consumer preferences, invest in technology, and create a seamless shopping experience has ensured its position as the leader in e-commerce.
The Future of Amazon in Online Shopping
As Amazon looks to the future, it faces both opportunities and challenges. The rise of new technologies like artificial intelligence, machine learning, and automation will continue to shape the e-commerce landscape, and Amazon is well-positioned to leverage these innovations to enhance its operations and customer experience.
The company is also likely to continue expanding its ecosystem, integrating its retail operations with other services like AWS, Prime Video, and Alexa. This integration will further entrench Amazon in the daily lives of consumers, making it even more difficult for competitors to challenge its dominance.
In conclusion, Amazon’s leadership in online shopping is the result of a relentless focus on customer satisfaction, innovation, and scale. From its early days as an online bookstore to its current status as a global e-commerce giant, Amazon has consistently pushed the boundaries of what is possible in retail. As the company continues to evolve, it will undoubtedly remain a dominant force in the world of online shopping, shaping the future of commerce for years to come.
