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Maretus
@maretus.eth
On this day in 1818, Karl Marx was born, setting the way for 200 years of bad economic policy and earning the disdain of crypto enthusiasts everywhere.
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Mark Hilgenberg
@hilgi
Crypto will actually bring about more of the goals he envisioned, just not in the way he envisioned. I've long said that Crypto networks will be the best blend of libertarianism and socialism. All through programming, not force.
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Maretus
@maretus.eth
Interesting perspective. How do you envision that?
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Mark Hilgenberg
@hilgi
As crypto becomes more distributed and utilized for real world applications (DePin is a good start), we will all benefit, own and govern the services and "companies" we use. Plus we will all benefit from the financial systems which will all become decentralized.
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Maretus
@maretus.eth
Kind of. In many cases, the services will still be governed by a small subset of whales who have the most voting rights. Not all cases, but some. I don’t think it’s a full blown conclusion that all financial systems will decentralize. I hope that happens, but it will be a battle.
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Mark Hilgenberg
@hilgi
2) It will be a battle and ironically what will slow it down is government protections and privileges for the current system.
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Mark Hilgenberg
@hilgi
Sure, I am talking like 20-25 years from now. By then spinning up more communal owned and controlled competition will be a lot easier. If I can use a system that is more distributed, I will. Unless crypto companies go down the road of patents, IP and government privileges.
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