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The basic argument of this article seems to be that the real benefit of cryptocurrencies, other than their speculative value, is that they provide a way of enfo
by NoGravitas 9y ago
The basic argument of this article seems to be that the real benefit of cryptocurrencies, other than their speculative value, is that they provide a way of enforcing artificial scarcity in the digital realm, where scarcity does not come naturally.
As someone dedicated to eliminating scarcity in the material world, (a la Bookchin's /Post-Scarcity Anarchism/, compare Doctorow's /Walkaway/), this argument does not sit well with me.
- just_one_time_ 9y agoThink about how the idea of the US dollar would "sit with you" if you had somehow grown up in a free society.