3 ms·

Given Dorsey's track record on shilling cryptocurrencies as the solution to social problems I'm not sure he should be calling others dystopian.

aardvarkr 5y ago
What’s the connection here?? Person does “bad” thing in some niche so he has no legitimacy speaking on any other subject unrelated to that niche?
- danpalmer 5y ago
  The connection is billionaires criticising each others' wacky dystopian dreams. I have no problem with the criticism, I just think it lacks self awareness and that most people would put Dorsey and Zuckerberg in the same category.
ea550ff70a 5y ago
Not cryptocurrencies, just BTC. The dystopian thing to do would be not to seek the decentralized route which he is trying to, at least in a part with BTC. Not sure how that qualifies as dystopian.
- danpalmer 5y ago
  Also NFTs. Cryptocurrencies claim to empower via decentralisation, but in reality they simply change the power structures from legal-based to capital-based power structures, and removing legal challenges that could be levelled at corporations in favour of "proofs" that have no moral leeway. I believe they are a strongly dystopian concept masquerading as a utopian opportunity.
  - ea550ff70a 5y ago
    Sure, I can see that argument too. You should recognize tho, that our current "legal-based" structure (at least in the West) is built on top of a "capital-based" power structure in where money buys power (by donations, special interest, lobbying, etc...) and this structure is highly centralized and only accesible to the wealthy. I dig BTC and not necessarily NFTs or other ones as much but I rather have systems get decentralized (even if with a capital-based structure) while giving everyone an opportunity to truly participate rather than continue on the current corrupt structure that is beyond repair and only benefit a few.

3 ms·

Given Dorsey's track record on shilling cryptocurrencies as the solution to social problems I'm not sure he should be calling others dystopian.

by danpalmer 5y ago

aardvarkr 5y ago
What’s the connection here?? Person does “bad” thing in some niche so he has no legitimacy speaking on any other subject unrelated to that niche?
- danpalmer 5y ago
  The connection is billionaires criticising each others' wacky dystopian dreams. I have no problem with the criticism, I just think it lacks self awareness and that most people would put Dorsey and Zuckerberg in the same category.
ea550ff70a 5y ago
Not cryptocurrencies, just BTC. The dystopian thing to do would be not to seek the decentralized route which he is trying to, at least in a part with BTC. Not sure how that qualifies as dystopian.
- danpalmer 5y ago
  Also NFTs. Cryptocurrencies claim to empower via decentralisation, but in reality they simply change the power structures from legal-based to capital-based power structures, and removing legal challenges that could be levelled at corporations in favour of "proofs" that have no moral leeway. I believe they are a strongly dystopian concept masquerading as a utopian opportunity.
  - ea550ff70a 5y ago
    Sure, I can see that argument too. You should recognize tho, that our current "legal-based" structure (at least in the West) is built on top of a "capital-based" power structure in where money buys power (by donations, special interest, lobbying, etc...) and this structure is highly centralized and only accesible to the wealthy. I dig BTC and not necessarily NFTs or other ones as much but I rather have systems get decentralized (even if with a capital-based structure) while giving everyone an opportunity to truly participate rather than continue on the current corrupt structure that is beyond repair and only benefit a few.