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There is some good substance buried here, but it's phrased in a voice thick with hype and slathered with emergent jargon/slang pidgin of folks mentally and emot
by niftich 9y ago
There is some good substance buried here, but it's phrased in a voice thick with hype and slathered with emergent jargon/slang pidgin of folks mentally and emotionally invested in the loftier suppositions of the cryptocurrency movement. It's indistinguishable from a parody, but it's probably sincere.
By my reading -- and this is hard to glean -- the central thesis seems to be that cryptocurrencies shouldn't be used to one-to-one reimplement currently present systems of digital social interaction; instead, think about what can be accomplished from the ground-up when your individual, small-time holders are vested.
It's both cutely observant, and painfully oblivious to nearly all of human history, where individuals pooled together resources to build, invest, serve as a patron to the arts, etc -- a range of activities from basic survival to abstract societal good.