by teddyknox on 4/12/2022, 8:35 PM with comments
  • by bawolff on 4/12/2022, 9:27 PM

    eyeroll

    This idea isn't new either, see for example the cryptoanarchist manifesto (https://web.archive.org/web/20130822092045/http://www.spinna... ), which at least is a bit more fleshed out while still keeping the "i am an edgy teenager vibe"

  • by Synaesthesia on 4/12/2022, 9:33 PM

    There's just one little tiny problem, nowhere does it guarantee that it will be an equitable, or democratically run "digital system of government" as the article calls it. The result has been that the form of governance has been that of the corporation, with shareholders, with power just as concentrated at the top in a few hands.

    I was also excited about the "revolutionary potential" of Bitcoin/crypto, until I realised there's not really that much emancipatory about it, except what we make of it. We already have digital forms of cash.

    And I'm also not so sure it could survive an onslaught from the USA, should it choose to ban it. Unlike China, the US has global corporate and financial clout

  • by mtoner23 on 4/12/2022, 9:27 PM

    You've got to be kidding me

  • by flatearth22 on 4/12/2022, 8:59 PM

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