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polynya
@polynya
As some of you have noticed, a big theme on this Farcaster profile is objectivity vs. subjectivity The human experience is extremely complex, multi-faceted, diverse, and thus deeply subjective Financialization is an attempt to dumb some things down into objective numbers. For some things, like capital allocation, exchange of goods, it works brilliantly. Blockchains are exclusively the domain of the strictly objective. But for almost everything else, forcing subjective matters into objective outputs leads to potentially catastrophic outcomes, and the root cause is plutocracy - determining governance by wealth, to the worst-case scenario, truth itself. I don't need to tell how that's peak dystopia and an affront to humanity. Fuck "info finance" with a bag of stale scrotums
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Monteluna
@monteluna
I still think it's better than the status quo: backdoor deals and nepotism. Finance is the great enabler because the ranking of who gets scarce items is chosen by who wants to pay the market rates. Anytime you break this market, you get corruption.
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