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> Advocates of these assets claim crypto platforms will make things trustless, transparent, open, immutable, secure and decentralized. Perhaps those who have d
by danans 5y ago
> Advocates of these assets claim crypto platforms will make things trustless, transparent, open, immutable, secure and decentralized.
Perhaps those who have disproportionately consumed libertarian ideology, but those who've studied the longer arc of history know that power abhors a vaccum, and understand destruction and decentralization of institutions as a step on the path to setting different centralized institutions that prioritize a different vision of the world, whether that is ethno-nationalist, theocratic, communist, whatever.
The pure crypto enthusiasts are just helping them along, greasing the skids if you will. Once the increased social entropy weakens institutions enough to reveal a takeover opportunity, all ideas of decentralization will be cast aside because centralized power is too effective.
This attack on existing institutions in order to pave the way for replacement institutions one prefers is omnipresent in history, including the American Revolution and the Bolshevik revolution, both of which fought against the centralized monarchical authority.
The current one is instead fighting against globalist institutions and the multiculturalism and economic leveling they have brought on, which have had very distinct sets of winners and losers.