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Well, wasn't the end result comparable to the ones achieved by social movements? How many people had access and were capable to use a computer before Windows 9
by GDC7 5y ago
Well, wasn't the end result comparable to the ones achieved by social movements?
How many people had access and were capable to use a computer before Windows 95? And how many after?
Before win95 it was a small club of elites, after it was everybody
Crypto is trying to do the same thing with complex financial operations such as reverse repos and loans backed by appreciating assets.
- JohnFen 5y agoI think that perhaps I don't understand what you mean by "social movement". To me, a "social movement" is a large group of people trying to change society to be closer to a political ideal they believe in. > Before win95 it was a small club of elites, after it was everybody I don't think I fully agree with this assertion, either, but I do understand what you're getting at here. Even if this assertion is entirely true, though, I wouldn't call it a social movement.
- GDC7 5y ago> To me, a "social movement" is a large group of people trying to change society to be closer to a political ideal they believe in. Once you remove the libertarian component of crypto and people who don't want to pay taxes and people who hate the Federal Reserve...you are left with people who'd love to be able to do reverse repos and getting loans off their appreciating assets, and other complex operations which are not availible to retail. Is the unavailibility [of complex financial operations] to the general public due to a political and social stance that society has? Or is it lack of understanding of the market by the existing financial players? Because if it's the latter then it's not that different than companies trying to force feeding Command line interface to people before Microsoft decided to go full GUI and ship Win95