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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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Thumbs Up
@thumbsup.eth
There’s a whole lot of left libertarians in the world. After all socialists literally invented the word that neoliberals co-opted to effectively mean laissez faire capitalist. I think that’s where the confusion comes from: a deep misunderstanding of leftism built on the assumption that it is equivalent to being statists; and argument that weirdly doesn’t get made about those on the right, even when they’re explicit about increasing state power. I’ve written a fair bit about this as has @tbsocialist (he literally wrote a book on the subject) so you can start there if you’re genuinely curious. In essence, we would argue that crypto’s permissionless nature makes it great for free association, fundraising, and mutual aid. These are core tenets of leftism. Community currencies, cooperative ownership, potential to improve workplace and civil democratic participation (and even enable liquid democracy) are things we look optimistically toward. To say nothing of undermining militarism backed fiat
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rileybeans
@rileybeans
this is largely my alignment
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