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> scourge on civilization international community a fight for the cause of democratic norms rules-based international order consistent pushback “innovation” mis
by lambdaphagy 5y ago
> scourge on civilization international community a fight for the cause of democratic norms rules-based international order consistent pushback “innovation” mistaken beliefs and not supported by any evidence quirky ideas chattering class “the potential for innovation” amorphous and hand-wavy rhetorical gestures a anarchist political narrative Private entities now wish to disrupt the global international order attempted financial coup anarcho-capitalist wing of Silicon Valley something so unregulated and volatile ideological purpose crypto acolytes cling to this narrative misplaced faith magical thinking and unspecified means or empty appeals failed narrative seemingly plausible zero evidence token schemes failed narrative highly irrational infinite chain of economically irrational actors greater pools of fools into the scheme Ponzi scheme laughable absurd to think systemic misunderstanding absurdly small original sin bluster amazing solution for nothing non-existent problems they don’t understand extremely byzantine Rube Goldberg-esque slot machines casino fiefdoms money laundering, ransomware criminality dark money veneer of gambling false claims zero evidence environmental devastation increasingly frothy ecosystem of scams to defraud the public