Ryan Grim
@ryangrim
Folks here are helping me narrow down what I don’t like about crypto. I see the argument that it is a way to freely move currency even in the face of authoritarian governments. I guess on the one hand, I just don’t believe that governments can’t find a way to crack down on it. All the crying from crypto folks about the tyrannical SEC suggests governments still do matter. But more importantly, I think it’s a much better use of time and energy to organize and fight to stop those authoritarian governments from existing in the first place. I see so many brilliant people spending so much time on this thing that is literally separate from reality (it’s right there in the name crypto) when that energy could be put to more fruitful use. Anyway, no final conclusions, just some evolving thoughts.
27 replies
13 recasts
88 reactions
shazow
@shazow.eth
One more narrowing: People upset about the SEC are American people who see a future in these crypto platforms and want to build on them to get some exposure to the upside of growth. While this is a legitimate thing, it is separate from the facts of what these crypto platforms unlock regardless of America or the SEC. Plus a lot of us genuinely see this as the most effective way to fight against authoritarianism. We are on the same side, but perhaps disagreeing on where energy is best spent for now.
0 reply
0 recast
0 reaction