4 ms·

The politics is divorced from the technology, and I assure you cryptocurrency finds advocates among libertarians, totalitarians, and socialists alike.

• verdverm 4y ago
  The politics is embedded in the technology, you can look to the original bitcoin paper or the genesis block contents.
  • pcthrowaway 4y ago
    Bitcoin !== crypto, and there are a lot of blockchains whose founding teams are far from libertarian. Also, please point me to the places where the white paper espouses libertarianism? The bitcoin genesis message isn't a direct criticism, and the politics can be interpreted in different ways. One narrative is certainly libertarian-aligned (government shouldn't interfere with businesses and just let market forces drive things). But it's not the only interpretation; for example, there's an argument to be made for a message like: letting banks overextend themselves and then needing to be bailed out is a regulatory failing, and peer-to-peer digital currency offers an alternative to a system that lacks regulation that protects consumers and instead relies on corporate bailouts. I will concede that the Venn diagram with Bitcoin maximalists and libertarians is significant. But again, Bitcoin !== crypto, and if you look at other blockchains, there's a very wide range of ideologies in the apocrypha.
    • verdverm 4y ago
      Exactly, politics is embedded in the crypto ecosystem, where most want to be extragovermental. If you are building something that tries to be money or a security, where people are voting, or is a "token with utility" then you cannot avoid politics being part of it.