Ryan Grim
@ryangrim
Folks here are helping me narrow down what I donât like about crypto. I see the argument that it is a way to freely move currency even in the face of authoritarian governments. I guess on the one hand, I just donât believe that governments canât find a way to crack down on it. All the crying from crypto folks about the tyrannical SEC suggests governments still do matter. But more importantly, I think itâs a much better use of time and energy to organize and fight to stop those authoritarian governments from existing in the first place. I see so many brilliant people spending so much time on this thing that is literally separate from reality (itâs right there in the name crypto) when that energy could be put to more fruitful use. Anyway, no final conclusions, just some evolving thoughts.
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jd đș
@jdl
first and foremost: glad you're here and continuing to participate. your skepticism will make us better at articulating the bull case. as for these thoughts: - the web was also separate from reality. many people spent time on it rather than lobbying their elected representatives - because these tools run on the internet, it's unlikely that governments will be able to shut it off. instead they'll be forced to engage in a public negotiation, which is good for all involved - blockspace tools can and will improve one's ability to lobby their representatives to improve all sorts of policies
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pxaxm
@pxaxm
Re 2nd point. The Internet has been effectively shut off in many regimes and those regimes were not forced to a bargaining table
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jd đș
@jdl
assolutamente. though we would argue that blockchain, as a new primitive on the internet, is our best chance at rectifying that state of affairs
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agusti
@bleu.eth
governments can shut doen internet or electricity access to their citizens. but they cannot erase the internet forever. china has the closest to theirmoen controlled internet with the great firewall. still. you can possess physically a seed phrase. they cannot steal that from you, unless using physical force they can not allow you to access the internet, but escaping from a war ridden authoritarian regime might be your only way to get any wealth out ina physically discreet way
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