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yuga.eth
@yuga
1) The political theory of crypto is grossly underdeveloped. Accelerating the Onchain Transition will require a serious, cohesive, and widely understood intellectual framework. The Cypherpunk Manifesto, the Bitcoin Standard, Vitalik Buterin’s blogs, and other similar writings are inadequate for the purpose.
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yuga.eth
@yuga
2) We need a robust body of work that contextualizes crypto within the Western intellectual tradition, starting with Locke/Hobbes and ending with contemporary politics.
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yuga.eth
@yuga
3) It is not sufficient for crypto to be a curious hobby or an appendage of libertarianism; it must rigorously defend its modern relevance on its own terms, with reference to Kant, Hegel, Weber, Marx, etc.
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yuga.eth
@yuga
4) Critically, this work must be situated within media that the State and the Academy consider legitimate: peer-reviewed journals, prominent mainstream publications, etc. Because the traditional Elite trust these outlets, publishing in them will have significantly more impact than doing so via blogs and the like.
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yuga.eth
@yuga
5) Bringing the world onchain will require many different components. We are approaching the point that the technology itself is capable of doing so. What is needed is a serious body of written work articulating the necessity of cryptographic decentralization embedded in our political and economic infrastructure.
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yuga.eth
@yuga
6) It should openly contend with Acemoglu’s claims of the “minimum required centralization of a state”, with Keynes views on the necessity of a sovereign monetary authority, and so on, to establish a canon of onchain thought in conversation with the full range of intellectual history.
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yuga.eth
@yuga
7) A coherent political theory of crypto will usher in more participants into the Onchain Transition, because it will provide a common philosophical motivation and missionary tract. Moreover, it will be widely considered legitimate because it was propagated through the traditional avenues of the Academy.
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yuga.eth
@yuga
8) We are going to bring the world onchain, and to do so, we are going to articulate a serious political theory of crypto.
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Future of Money
@futureofmoney
Great take, this is very important
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