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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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Varun Srinivasan
@v
> crypto disintermediates and reduces the power of the state an aside, but i don't think this is really true today, at least in the usa. most serious crime is easily prevented, payments happen in us dollar stablecoins which gives the government even more leverage to print money.
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Erik Torenberg
@erik
Yes but don’t many fans of crypto want “separation of money and state” and the ability to conduct private transactions, not have their money inflated, transport their money easily, not have it seized etc
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