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Andreessen on Crypto

marginalrevolution.com

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Re: Andreessen on Crypto

#2
White a pile of horse manure. Big Tech is run by stinkin' liberals which is why they aren't pushing cryptocurrencies? Here's an alternative hypothesis: cryptocurrencies have thus far proven to be good for nothing at all and, as a result, technology companies looking to create actual value have avoided crypto until some value can be found.

It's not some liberal plot that cryptocurrencies are mostly usable as a way to separate the gullible from their money.

Re: Andreessen on Crypto

#3
This is an ahistorical and backwards analogy. Historically the left/right political divide goes back to the French revolution where the rights side of their parliament supported the monarchy and the left opposed. From this perspective AI would seem more centralized, authoritarian, and right-wing, while open networks are more democratic, distributed, and left-wing.

Re: Andreessen on Crypto

#4
post #2

White a pile of horse manure. Big Tech is run by stinkin' liberals which is why they aren't pushing cryptocurrencies? Here's an alternative hypothesis: cryptocurrencies have thus far proven to be good for nothing at all and, as a result, technology companies looking to create actual value have avoided crypto until some value can be found. It's not some liberal plot that cryptocurrencies are mostly usable as a way to…

This seems silly. Is Coinbase not part of “big tech”? It’s literally a $50 billion tech company.

Re: Andreessen on Crypto

#5

This is an ahistorical and backwards analogy. Historically the left/right political divide goes back to the French revolution where the rights side of their parliament supported the monarchy and the left opposed. From this perspective AI would seem more centralized, authoritarian, and right-wing, while open networks are more democratic, distributed, and left-wing.

In the US, higher small business tax rates are championed solely by the left. This fact is more accurate in characterizing left/right centralized authoritarianism than tech metaphors ever could.

Re: Andreessen on Crypto

#6
post #4
post #2

White a pile of horse manure. Big Tech is run by stinkin' liberals which is why they aren't pushing cryptocurrencies? Here's an alternative hypothesis: cryptocurrencies have thus far proven to be good for nothing at all and, as a result, technology companies looking to create actual value have avoided crypto until some value can be found. It's not some liberal plot that cryptocurrencies are mostly usable as a way to…

This seems silly. Is Coinbase not part of “big tech”? It’s literally a $50 billion tech company.

Per the article, Andresseen doesn't seem to think so.

Re: Andreessen on Crypto

#7

This is an ahistorical and backwards analogy. Historically the left/right political divide goes back to the French revolution where the rights side of their parliament supported the monarchy and the left opposed. From this perspective AI would seem more centralized, authoritarian, and right-wing, while open networks are more democratic, distributed, and left-wing.

In the US, higher small business tax rates are championed solely by the left. This fact is more accurate in characterizing left/right centralized authoritarianism than tech metaphors ever could.

Is there someone out there campaigning on "increase taxes on small business"? I think this is a strawman, "tax the rich" doesn't mean "tax the corner baker".

Re: Andreessen on Crypto

#8

This is an ahistorical and backwards analogy. Historically the left/right political divide goes back to the French revolution where the rights side of their parliament supported the monarchy and the left opposed. From this perspective AI would seem more centralized, authoritarian, and right-wing, while open networks are more democratic, distributed, and left-wing.

I’m glad I’m not the only one who thought that seemed exactly backwards. Even with a cursory understanding of history, the extreme right wing regimes are considered fascist, aka extremely top down.

Considering the best faith argument here, I’m guessing he’s seeing the “right wing” being pro business as opposed to a pro government “left”, and in that view, business is considered “bottom up”. As you alluded to, though, this ignores a lot of actual historical and political context and seems more driven by punditry shorthand.

Re: Andreessen on Crypto

#9
post #4
post #2

White a pile of horse manure. Big Tech is run by stinkin' liberals which is why they aren't pushing cryptocurrencies? Here's an alternative hypothesis: cryptocurrencies have thus far proven to be good for nothing at all and, as a result, technology companies looking to create actual value have avoided crypto until some value can be found. It's not some liberal plot that cryptocurrencies are mostly usable as a way to…

This seems silly. Is Coinbase not part of “big tech”? It’s literally a $50 billion tech company.

So far the only mass use-case for crypto has been speculation, so the only success story being Coinbase is fitting.

Re: Andreessen on Crypto

#10

This is an ahistorical and backwards analogy. Historically the left/right political divide goes back to the French revolution where the rights side of their parliament supported the monarchy and the left opposed. From this perspective AI would seem more centralized, authoritarian, and right-wing, while open networks are more democratic, distributed, and left-wing.

Perhaps a more likely split would be along authoritarian/libertarian lines.

That said, early enthusiasts notwithstanding, the majority of businesses are likely far more interested in the profit potential than political or ideological aspects of technology.

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