Why are there so many leftists within crypto? As Solana says in his bankless episode, crypto disintermediates and reduces the power of the state. I get why libertarians and rightists like crypto, but why leftists? Leftists should want state power to enact leftist policy goals if they care about leftist outcomes.

some leftists simply want equal access for all, crypto plays a big role in that

co-founder of generational.xyz, investor, exploring onchain & exploring the 🌍, nomad

Doesn’t crypto have more inequality than fiat? More markets = more inequality, because people have vastly different abilities to contribute. Turns out talent isn’t evenly distributed.

More markets= more inequality is a bad take and not remotely accurate. Markets are naturally occurring and i'd argue that competitive markets can potentially reduce inequality. Markets today are not very competitive, they are more concentrated and crypto can break that cycle.