been wanting to write this for days but JDP put it much better than I can: DLT is solving the problem of how to radically reorganize people's relationship to information networks, ownership, digital sovereignty, anrblabor
crypto provides an alternative to command hierarchies
---
RT @jd_pressman
Millennials see blockchain operations costing money as profiteering because they're used to "Web 2.0" where you are illegibly given free resou…
https://twitter.com/jd_pressman/status/1460415593849372673
I'm perhaps being a bit uncharitable, but I want to emphasize how fundamentally flawed this entire vision is; u can't compete w/ command capitalism by eschewing money. money is not good or evil, it is merely a tool we use to track power, which exists even if you don't look at it
in summary
f e w
---
RT @jd_pressman
Few understand few understand few understand few understand few understand few understand few understand few understand few understand few understand few understand few understand few understand few few few few few few few few few few few few few few few few few
fucking nobody.
https://twitter.com/jd_pressman/status/1460421043512754179
so if the default mode of capitalistic organization produces extractive digital hellscapes & the hippie mode produces beautiful but unviable dreams, whats left?
a mode of organization which borrows the best from both worlds; digital ledger technology, aka blockchain, aka crypto