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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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shazow
@shazow.eth
"it works brilliantly" if we continue to ignore externalities. There's probably a place and time for reducing complex high-dimensionality systems into a scalar, but maybe the role of crypto is to enable us to better capture the complexity beyond the scalar.
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