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On anti-crypto toxicity

blog.mollywhite.net

371–380 of 734 posts

Re: On anti-crypto toxicity

#371

Unfortunately, given: "How can we create a more equitable financial system, where everyone has access to banking services? How can we reduce the power that a small few currently hold over the web? How can we improve data privacy and ensure that people have control over their personal information? How can we create reasonable privacy in the financial system? How can we make information more available to everyone? How…

100% agree, and I must add: Those are all political problems. Technology does not solve political problems. Politics solves political problems. All cryptocurrency does is obfuscate the politics behind its monetary system. As flawed as our monetary system is, the politics behind it are visible and under control of a government. In my country, my government is elected, and I'm an active and informed voter. Thus, I thin…

> Technology does not solve political problems. Politics solves political problems.

I don't think this is true, bluntly.

Technology does not automatically solve political problems. But technology does sometimes render bad political actions unviable.

I would argue that a large part of the widespead acceptance of homosexuality in Western society was due to the deconstruction of singular media gatekeepers by the move of discourse from newspapers to the internet.

That is absolutely technology solving a political problem.

Re: On anti-crypto toxicity

#372

Earlier quoted context omitted.

Just like that for some of us working with web3, the amount of useful applications that come up more than make up for all the stupidity going on with the "NFT art" space.

FWIW, I haven’t seen one “Web3” application. All I ever see is folks singing its potential from the rafters. Loudly. Perhaps the “web 3” evangelists can switch to show more of these apps, and the real world value they provide.

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Re: On anti-crypto toxicity

#373

Earlier quoted context omitted.

>It has been a decade of dumb claims and ridiculous assertions from the pro-crypto crowd. Agreed. For me it was the NFT'ing of a fart that was the jumping the shark moment that drove me from being merely a crypto skeptic to being vociferously anti-crypto and advocating against it at every turn.

Funny because the bitcoin community hates NFTs just as much as the anti-crypto community.

The bitcoin community hates NFTs and shitcoins much more than the anti-crypto community does.

I'm basically an anti-crypto bitcoiner.

Re: On anti-crypto toxicity

#374

Earlier quoted context omitted.

>It has been a decade of dumb claims and ridiculous assertions from the pro-crypto crowd. Agreed. For me it was the NFT'ing of a fart that was the jumping the shark moment that drove me from being merely a crypto skeptic to being vociferously anti-crypto and advocating against it at every turn.

Funny because the bitcoin community hates NFTs just as much as the anti-crypto community.

That's because NFTs are competing with BTC to lure in the newest money.

Re: On anti-crypto toxicity

#375
post #193

Earlier quoted context omitted.

I think that the widespread implementation of crypto would immediately make the world more complex and thus less susceptible to centralizing forces. This means that in order to get things done, society will have to rely more on self-organizing small groups of individuals. In my view, less centralization is the at the bottom what libertarianism strives for, so it makes sense crypto is seeing as supporting it.

back to the dark ages, as you wish

Why do you say that?

Re: On anti-crypto toxicity

#376
post #301

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> society won't be worse off in the end. That is most definitely a political question. I think the article has a strange reasoning about crypto trying to "save the world". For me it's pretty clear: individuals can now store and transfer value on the internet using a consensus algorithm. Plenty of you claim that it's enough to have a democracy that controls a central bank. That way you also have some kind of consensus…

> it's clear that cryptocurrencies try to live outside of governmental control As a species, we have developed government control because in general, large-scale anarchy doesn't work well.

> As a species, we have developed government control because in general, large-scale anarchy doesn't work well.

Not really. Society has long since been a push and pull between governmental control and anarchy of disobedience rendering some control irrelevant or impractical. And we are much better off for that - governments worst authoritarian instincts are frequently tempered by the general public simply ignoring their pronouncements.

Re: On anti-crypto toxicity

#377
post #351

Earlier quoted context omitted.

Something like the Belarusians who went to the streets to protest against a fraudulent election and got violently crushed by their police state? The same "evil complacent" Belarusians that are also being sanctioned now? When was the last time you've left the safety of your home to put your life on risk to protest against your government?

Of course now is too late, the police state is well too developed for such protests to not turn out very bloody. And yes, Belarus and Kazakhstan crushing their protestors is also partly the fault of the complacent apathetic Russians. Without Putin's support both would have probably succeeded. > When was the last time you've left the safety of your home to put your life on risk to protest against your government? Many…

Lukashenko has been belarus president since the fall of the USSR. Do you really think they ever had a chance at a fair election? What can be said of Russia then? Didn't they just used KGB strategies to poison the strongest opositor Navalny?

> because the places I've lived in didn't allow things to get as bad as Lukashenko and Putin's regimes are

Was it you or people who fought and died decades or centuries ago to achieve the presumably stable democracy you enjoy today? Please do not misunderstand I'm not saying your activism or causes are not important but trying to tell you that things are really tough outside the comfort zone of the first world.

I'm sorry but is just seems cruel, unfair and childish to expect that by starving people living in dictatorships they will just topple their corrupt government.

Re: On anti-crypto toxicity

#378
post #277

Earlier quoted context omitted.

Quoted post unavailable.

If someone is trying to get to the moon by climbing successively higher trees, are you doing them a disservice by reminding them that the highest tree is not tall enough to reach there? Especially when they are burning large amounts of resources trying to get there? If people are genuine about solving the world's poverty and inequality problems, recognizing that cryptocurrencies are unlikely to help with those proble…

So using Fiat that corrupt governments worldwide print as a hidden means of taxation and control has noting to do with inequality?

Avoiding that is the original and prime goal of crypto currency.

Like anything new get rich quick schemes exist, but that's not Bitcoin and it's not Monero.

Re: On anti-crypto toxicity

#379

Earlier quoted context omitted.

Use the state to fix failures of the state? There's a weird cyclic optimism here that I don't think can really be supported by the facts. After all, those who write a law can just as easily add addendum to that law, or remove it all together. Even with equal banking laws, there's always going to be an individual who the state deems as less equal than others. That's just how it's always been. Its bizarre that this is…

Any fix for a failure in human organization(s) is going to come from ... humans. There are no hall monitors here, and there's also no magic wand. When things are of a large enough scope, the way that humans tend to organize to get things done, or get things fixed, is called "a state". Just like all human efforts, the outcome will likely not be perfect. But there actually isn't another way. Sure, you can suggest the i…

> the way that humans tend to get things fixed, is called "a state"... But there actually isn't another way.

Sure there is. It's called "entrepreneurship". In fact, far more of the improvement in the human condition has come from it than the state.

It's astounding to me that we're on an Internet forum about startups, and people are saying that the only way to improve the world is through political activism.

Re: On anti-crypto toxicity

#380

Unfortunately, given: "How can we create a more equitable financial system, where everyone has access to banking services? How can we reduce the power that a small few currently hold over the web? How can we improve data privacy and ensure that people have control over their personal information? How can we create reasonable privacy in the financial system? How can we make information more available to everyone? How…

Cryptocurrencies might not answer to all of these questions. However there is one question where it gives an answer. It is how to create more efficient financial system. And part of this answer might lead to rebalancing some of distribution of the wealth, mostly by reducing operating costs and profit margins of the current Wall St and other local oligopolic financial institutions. Blockchains do create fundamental va…

On the topic of the parent commenter's valiant content marketing effort: https://www.classaction.org/news/scam-tokens-class-action-al...
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