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Erik Torenberg
@erik
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.
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mike rainbow (rainbow mike) ↑
@mikedemarais.eth
privacy for the individual, transparency for the state
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Erik Torenberg
@erik
is privacy a more left than right value? Also isn’t it privacy from the state? So transparency and privacy at odds?
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mike rainbow (rainbow mike) ↑
@mikedemarais.eth
(sry def giving you a handwavey answer) nah privacy is def more right-coded but the lefties i know in crypto see opportunity for crypto to accelerate and optimize their leftist ambitions. a lot of problems with state services come down to misallocated resources, transparency of crypto could improve quality of spending. re: privacy from whom -- its privacy from the state and general public. systems like zcash show how mixed public/private blockchains could work
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mike rainbow (rainbow mike) ↑
@mikedemarais.eth
cc @basche42
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