Coinbase Software Engineer: Cryptocurrencies are essentially a neoliberal technology
yuga.eth, a senior software engineer at Coinbase, said in a post on the X platform that he was disappointed to see neoliberals so hostile to cryptocurrencies. Neoliberals are purportedly champions of neoliberalism, the idea that open markets are the foundation of prosperity. Cryptocurrency is essentially a neoliberal (and libertarian) technology: it enables individuals to store value and conduct transactions without a central intermediary. At a time when the dollar-based global monetary order is becoming increasingly unstable, it is critical for the United States to be involved in shaping the strategy for bitcoin and cryptocurrencies.