this post was submitted on 15 Apr 2025
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[–] VinesNFluff@pawb.social 2 points 5 days ago (1 children)

A Marxist Cryptobro

Can I put you in a glass display case? You are an incredibly rare and incredibly strange specimen.

[–] silentjohn@lemmy.ml 1 points 5 days ago* (last edited 5 days ago) (1 children)

Read Blockchain Radicals, there's more of us than you think. Dozens!

Make no mistake though, I view crypto as simply a technological tool to get us from A to B. From the cryptoleftist subreddit:

Bitcoin or any other specific crypto / blockchain project will not get us to socialism. This is first and foremost an ANTI-capitalist community (this should be the bare minimum to calling oneself a leftist), so please, we don't want to encourage some of the worst aspects of both capitalism and crypto currency like speculation and trading. We don't care if you do it, but there are other communities out there for that.

That said, there's some cool work being done on Breadchain for coops and workers: laborDAO, the ReFi (regenerative finance) movement, etc.

Crypto can be an important tool to:

  • protect the unbanked,underbanked, and even banked from the exploitative financial system: we’re making progress

  • remove US hegemonic power by undermining the dominance of the US dollar: we’re making progress, but some like USDC are actually reinforcing American dominance

  • move away from capitalism and asset speculation to collective ownership (governance tokens), trade of useful goods (digital or physical), and savings protocols: we’re not making very much progress and are actively moving against this

[–] VinesNFluff@pawb.social 1 points 5 days ago* (last edited 5 days ago) (1 children)

🤔

WELL. I will concede on the thing about american dollar hegemony. Even I, a crypto hater, would be stupid to pretend cryptocurrency didn't at all move the needle on that. I've seen it benefit third world people with my eyes (I live in the third world, hi)

Other than that I'll just nod and say 'yes' because I really don't care enough to research into crypto (imma h8r), so I'll assume you're right. [nods] "yes"

~~That said. MAN, you must hate the kind of company you end up stuck with. Crypto as far as I know is MOSTLY very weird AnCap types~~

[–] silentjohn@lemmy.ml 0 points 5 days ago (1 children)

That said. MAN, you must hate the kind of company you end up stuck with. Crypto as far as I know is MOSTLY very weird AnCap types

Crypto indeed is a weird af place. I hate 99.99% of the projects and the people here. The culture is insufferable. But there is space to build projects that actually help working people.

imma h8r

Why though? It's just tech. It's neither good nor bad. It can be used for good (public goods funding, donations to causes that might otherwise be blocked, paying artists a la patreon, governance voting via DAOs, etc) or bad (speculative markets, BAYC, memecoins, rugpulls, etc).

[–] VinesNFluff@pawb.social 2 points 5 days ago (1 children)

Why though?

Two things, really. First, I'm not a tech guy. I'm a writer with mild interest in technology and science. The whole thing is drowned in jargon and it honestly feels to me like a lot of it is intentional. If something a. Is very complicated; b. Doesn't hook me; and c. It is not my job to know it... I can't be arsed to research it.

Second, and more relevant if less respectable -- Negative emotional vibes. Too many bad experiences with The Worst People On The Internet (tm) being all over crypto.

[–] silentjohn@lemmy.ml 0 points 5 days ago

Both of those reasons are valid and fair.