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> Coinbase Global Inc.’s filing to become a publicly-traded company provides a glimpse into the remarkably small circle of mostly men who command the incredibly

> Coinbase Global Inc.’s filing to become a publicly-traded company provides a glimpse into the remarkably small circle of mostly men who command the incredibly lucrative digital landscape Why is the fact they are "mostly men" relevant in any way? What if they are "mostly jewish"? Or "mostly white"? Or "mostly American"? Is Bitcoin now a matter of "privilege"? Are there people out there who fall for this sort of insane narrative? In any case, feel free to keep all your wealth away from Bitcoin. It's not mandatory to use it -- unlike the US Dollar, which is actually managed by a mafia, which we call "the government", and which will use force against you if you don't use its currency.

runawaybottle 6y ago
That’s interesting. Yeah, what if they were mostly Jewish? I never really thought about the demonization of men now days in those terms. Took a long time until Jews fought back against the absolute constant throb of ‘Jewish cabal’ that runs the world. Very long time. Interesting, that was profound.
- charia 6y ago
  This is hacker news and so I'm trying to not just post a low effort reply, but reddit.com/r/menkampf is all about taking that premise and running with it. Before finding that subreddit, I didn't notice how just how commonplace casually insulting men was accepted. I do understand the power difference that isn't one to one and why this sort of insulting is accepted, in that men are not a real minority like Jewish people are so culturally insulting men is a considered a punching up situation. Still, I think the proliferation and casual acceptance of the rhetoric people use in this context is not exactly healthy for society.
  - riekus 6y ago
    I have start noticing it as well after stumbling on some interviews with Jordan Peterson.
anonisko 6y ago
Proof of work (PoW) vs proof of violence (PoV). Both energy intensive mechanisms for enforcing the security of a currency.
lumberingjack 6y ago
Along those same lines of thinking I've seen a ton of current events editorial writers claiming space travel is a waste of time and energy only for the "privileged" attacking musk and SpaceX any chance they get.
loceng 6y ago
"In any case, feel free to keep all your wealth away from Bitcoin. It's not mandatory to use it -- unlike the US Dollar, which is actually managed by a mafia, which we call "the government", and which will use force against you if you don't use its currency." So instead you create and support a system that zero chance of penalizing-swaying known bad actors via financial penalty by things like the Magnitsky Act: how do you propose we implement such a tool otherwise? No one answers this when I ask it - it just gets ignored. How about we fix the system, build trust, get quality leaders into positions of power? It takes work, and yes, Western society has been degenerating and is relatively weak at the moment due to many decades of industrial complexes' regulatory capture and the duopoly that's been structured via those policies. I really hope you'll answer this question too: you say "which will use force against you if you don't use its currency" - have you thought through what a global, decentralized currency - where you gain more money, wealth, the more people that are using it - doesn't create a group of people aligned [the "army of HODLers" as many call themselves] who want all of global society to adopt Bitcoin? It's known that wealth is transferred from weighted from the latest adopters to the earliest adopters; I'd love to know how the answer to preventing regulatory capture from continuing via the VC-finance-Bitcoin industrial complex [because the VC-finance industrial complex has started to heavily align with Bitcoin]. Elon Musk recently said "Bitcoin is almost as much bs as fiat money" - he hasn't elaborated yet, and sure, maybe it's slightly better than fiat money currently is - but Bitcoin et al allows tyrants to use and transfer funds freely, globally, to whomever with no way to stop them: don't you think that is an very bad unavoidable pitfall that we shouldn't design into or allow into our systems?
expressbean 6y ago
Pointing out that it was "mostly white" or "mostly American" would be accepted and considered progressive. Pointing out that it was "mostly Jewish" would not be accepted and would be considered hate speech.
- jjeaff 6y ago
  Are you confused by the pattern? One set of those groups are historically oppressed. The other are not.
  - moralsupply 6y ago
    Why does that matter at all? Shall we treat individuals on the basis of generalizations? Shall we use identity groups and biased historical lenses in order to justify specific narratives?
    - jjeaff 6y ago
      >Why does that matter at all? Because we cannot move forward as a society, together, if we are not willing to confront and make effort to repair the wrongs of our past. >Shall we treat individuals on the basis of generalizations? No, but public policy usually requires some generalizations. >Shall we use identity groups and biased historical lenses in order to justify specific narratives? No, we should use actual, factual history and follow a correct narrative and we can use identity groups where necessary and justified and in keeping with actual historical fact.

runawaybottle 6y ago

That’s interesting. Yeah, what if they were mostly Jewish? I never really thought about the demonization of men now days in those terms. Took a long time until Jews fought back against the absolute constant throb of ‘Jewish cabal’ that runs the world. Very long time. Interesting, that was profound.

charia 6y ago
This is hacker news and so I'm trying to not just post a low effort reply, but reddit.com/r/menkampf is all about taking that premise and running with it. Before finding that subreddit, I didn't notice how just how commonplace casually insulting men was accepted. I do understand the power difference that isn't one to one and why this sort of insulting is accepted, in that men are not a real minority like Jewish people are so culturally insulting men is a considered a punching up situation. Still, I think the proliferation and casual acceptance of the rhetoric people use in this context is not exactly healthy for society.
- riekus 6y ago
  I have start noticing it as well after stumbling on some interviews with Jordan Peterson.

anonisko 6y ago

Proof of work (PoW) vs proof of violence (PoV). Both energy intensive mechanisms for enforcing the security of a currency.

lumberingjack 6y ago

Along those same lines of thinking I've seen a ton of current events editorial writers claiming space travel is a waste of time and energy only for the "privileged" attacking musk and SpaceX any chance they get.

loceng 6y ago

"In any case, feel free to keep all your wealth away from Bitcoin. It's not mandatory to use it -- unlike the US Dollar, which is actually managed by a mafia, which we call "the government", and which will use force against you if you don't use its currency." So instead you create and support a system that zero chance of penalizing-swaying known bad actors via financial penalty by things like the Magnitsky Act: how do you propose we implement such a tool otherwise? No one answers this when I ask it - it just gets ignored. How about we fix the system, build trust, get quality leaders into positions of power? It takes work, and yes, Western society has been degenerating and is relatively weak at the moment due to many decades of industrial complexes' regulatory capture and the duopoly that's been structured via those policies. I really hope you'll answer this question too: you say "which will use force against you if you don't use its currency" - have you thought through what a global, decentralized currency - where you gain more money, wealth, the more people that are using it - doesn't create a group of people aligned [the "army of HODLers" as many call themselves] who want all of global society to adopt Bitcoin? It's known that wealth is transferred from weighted from the latest adopters to the earliest adopters; I'd love to know how the answer to preventing regulatory capture from continuing via the VC-finance-Bitcoin industrial complex [because the VC-finance industrial complex has started to heavily align with Bitcoin]. Elon Musk recently said "Bitcoin is almost as much bs as fiat money" - he hasn't elaborated yet, and sure, maybe it's slightly better than fiat money currently is - but Bitcoin et al allows tyrants to use and transfer funds freely, globally, to whomever with no way to stop them: don't you think that is an very bad unavoidable pitfall that we shouldn't design into or allow into our systems?

expressbean 6y ago

Pointing out that it was "mostly white" or "mostly American" would be accepted and considered progressive. Pointing out that it was "mostly Jewish" would not be accepted and would be considered hate speech.

jjeaff 6y ago
Are you confused by the pattern? One set of those groups are historically oppressed. The other are not.
- moralsupply 6y ago
  Why does that matter at all? Shall we treat individuals on the basis of generalizations? Shall we use identity groups and biased historical lenses in order to justify specific narratives?
  - jjeaff 6y ago
    >Why does that matter at all? Because we cannot move forward as a society, together, if we are not willing to confront and make effort to repair the wrongs of our past. >Shall we treat individuals on the basis of generalizations? No, but public policy usually requires some generalizations. >Shall we use identity groups and biased historical lenses in order to justify specific narratives? No, we should use actual, factual history and follow a correct narrative and we can use identity groups where necessary and justified and in keeping with actual historical fact.