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@thumbsup.eth
I’m far left—we’ve covered this is detail in my newsletter—and yet I’m aligned with and grateful to many folks on the crypto right. Why is that? Well, the beauty of decentralization is that if we can truly achieve it, the things we hate about both sides won’t be possible. Allow me to explain 👇
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@thumbsup.eth
With power dispersed to the edges, especially around things like voting, contracts, and transacting the opacity that enables corruption is diluted. The middlemen that enable bureaucracy are eliminated. The state becomes less and less relevant.
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@thumbsup.eth
Without a state to centralize power, the military becomes unworkable, as do the police. And since these institutions serve only the capitalist class, private property is essentially unworkable. Even the ancap dream of private militias is unlikely. Workers will own their economic output and diminish the role of capital.
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The long term outcome of decentralization is almost certainly anarcho-communism in some form. But that name won’t be necessary. Federated networked cohorts, freely associating, self-defining their internal unit of transacting to mutually fund internally relevant projects, is what we’re moving towards. You in?
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@baseddesigner.eth
sounds like what I’d think as well just don’t like all these anarcho-communism and other words like that because they are never 100% true when describing a state etc - more complicated
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@bias
wish this was just a long single cast 🙃🫡🗿
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