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 who claim “left” are still referring to the progressivism we seen during the hippie era, thats why. A lot of people refer to themselves as “left” but are actually libertarians. They just don’t update their politics because they don’t care to. Being “left” or “progressive” is a whole different meaning in 2024

Builder 🛠️
Working on newspaper.tips Frame coming soon… 

They mean it more of a vibe or aesthetic or a flourish, or more of an academic or historical or idealized notion, not as something that has to be reconciled with participating in something that increases inequality and gives less power to the state to redistribute

Exactly this. Unfortunately, they will come to a harsh reality at some point