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Former Valve economist speaks on Techno-Feudalism

the-crypto-syllabus.com

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Re: Former Valve economist speaks on Techno-Feudalism

#11

Post by celticninja »

unmole wrote: post #7
typon wrote: post #3

Interesting that you refer to him as the "Former Valve economist" rather than the Finance Minister of Greece (or the guy who stood up to the EU)

> Interesting that you refer to him as the "Former Valve economist" rather than the Finance Minister of Greece He was the Finance Minister of Greece for barely 5 months. > or the guy who stood up to the EU What exactly he did acomplish, again?

Tank man stood up to China, he may not have accomplished anything, but we remember him and what he did had value.

So standing up to the EU in and of itself it plenty.

Re: Former Valve economist speaks on Techno-Feudalism

#12

Post by CrackerNews »

0xedd wrote: post #8

Guy loves keeping people in power in power. No one thinks crypto will magically rid us of corrupt governments but if they got us by the balls with banks and trade, then we can't make a step in the right direction.

Is cryptocurrency free from those banks and trade? It seems like its liquidity is what gives it value in the first place, and those institutions are in firm control of where it can be liquidated. Not to mention that the old financing world has been investing in cryptocurrency too.

Re: Former Valve economist speaks on Techno-Feudalism

#14

Post by gruturo »

unmole wrote: post #7
typon wrote: post #3

Interesting that you refer to him as the "Former Valve economist" rather than the Finance Minister of Greece (or the guy who stood up to the EU)

> Interesting that you refer to him as the "Former Valve economist" rather than the Finance Minister of Greece He was the Finance Minister of Greece for barely 5 months. > or the guy who stood up to the EU What exactly he did acomplish, again?

well, among other things, he had absurd yet awesome videos made about him: https://www.youtube.com/watch?v=Afl9WFGJE0M

Re: Former Valve economist speaks on Techno-Feudalism

#15

Post by ashwagary »

celticninja wrote: post #11
unmole wrote: post #7

Earlier quoted context omitted.

> Interesting that you refer to him as the "Former Valve economist" rather than the Finance Minister of Greece He was the Finance Minister of Greece for barely 5 months. > or the guy who stood up to the EU What exactly he did acomplish, again?

Tank man stood up to China, he may not have accomplished anything, but we remember him and what he did had value. So standing up to the EU in and of itself it plenty.

If "tank man" was Iraqi, he'd be a pancake under a US tank. In reality, what the tank driver did had value.

Watching US police line up to execute unarmed people on a regular/daily basis in broad daylight helps me appreciate the restraint and respect for human life the tank drivers showed.

Re: Former Valve economist speaks on Techno-Feudalism

#17

Post by quadrangle »

0xedd wrote: post #8

Guy loves keeping people in power in power. No one thinks crypto will magically rid us of corrupt governments but if they got us by the balls with banks and trade, then we can't make a step in the right direction.

Just to clarify, your first sentence couldn't be more wrong. Varoufakis is a Marxist-style activist who has dedicated his life to advocating for placing power in the hands of regular citizens and taking it away from those who currently have it.

The utter misunderstanding is something I imagine comes from the fact that in this particular article, he's critical of the particular ways that cryptocurrency movements are shifting power. He doesn't think they are shifting it in a useful enough way and is skeptical that they really will end up shifting it much at all.

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