cryptoleft

How does crypto fit into leftist ideology/worldview?

I’ve always seen it as a “libertarian” technology

This question asserts a false binary between "Leftist" and "Libertarian".

"Libertarian" views are anti-authoritarian, and span the left/right political spectrum. "Leftist" views are anti-capitalist (mutualist) and span the authoritarian/libertarian spectrum. These axes form the popular "political compass" model.

"Leftist" and "Libertarian" aren't contradictory points of view. In fact, there's an entire quadrant of the political compass for that intersection. According to stated values (not politics), the highest proportion of people are both slightly left and slightly libertarian, making it the most common worldview.

There are both libertarian mutualist  (regen) and libertarian capitalist (degen) implementations of crypto running side by side on any given network, sometimes composed into hybrid systems as seen in ReFi and elsewhere.

The real question we should ask is "How does crypto fit into an authoritarian worldview?", where "authoritarian" means monopoly of access to systems of power (CeFi/CBDCs)

Midwest mom in a California dad bod || Ruthlessly pro Farcaster

web3 citizen and Open Source Software enjoyer

This is the most enlightening comment I’ve ever received