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The resource curse is that natural resources go together with oppressive government: the former can promote the latter in that an oppressor needs some form of w
by abecedarius 5y ago
The resource curse is that natural resources go together with oppressive government: the former can promote the latter in that an oppressor needs some form of wealth to pay their minions/allies, and international sales of extracted resources are a source of wealth that makes fewer demands on widespread cooperation from the locals than does local development.
How does this map to crypto? Who's the oppressive government we're getting more of?
It's correct that crypto changes the economics, and I'd say that's a good thing. We've tried leaving economics out of our core means of cooperation online for a few decades, and we don't seem very happy with the feudal internet that that led to. Let's try expanding the range of ways of coordinate and to fund work, with e.g. https://gitcoin.co/ https://gitcoin.co/