It sucked in Russia, Cuba, China (until Deng made it capitalism).
Australia, Sweden, Norway have been much better examples. Though their secret has been to not call it Communism/Socialism but instead something like "liberal democracy" or "democratic socialism".
Agree there is propaganda war that has been waged to ensure communism looks bad... which is why it's potentially a good parallel for crypto, as I think (potentially even literally not just metaphorically) the same vested interests are against it.
Australia, Sweden, Norway have been much better examples. Though their secret has been to not call it Communism/Socialism but instead something like "liberal democracy" or "democratic socialism".
Agree there is propaganda war that has been waged to ensure communism looks bad... which is why it's potentially a good parallel for crypto, as I think (potentially even literally not just metaphorically) the same vested interests are against it.