Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
This (extremely off-putting) answer reveals a key thing that's beautiful about markets: They let people express the strength of their preferences without needing to always justify their values in front of a committee. https://twitter.com/DylanMAllman/status/1776649146675712146
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Superthing.eth pfp
Superthing.eth
@superthing.eth
There is abject socialism like having to justify every purchase to a committee and then there is workable socialism like providing free medical care to those who would die otherwise. One of these versions is compatible with modern markets and one of them isn’t.
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Thumbs Up pfp
Thumbs Up
@thumbsup.eth
Wolff’s answer makes no sense. If one cooperative, let’s call it Sony, made electronics like tvs and game consoles, and one cooperative produced food, or parts for trains, or anything else. The person who works for the train parts cooperative would just trade a certain amount of labour vouchers for a PlayStation
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zoo pfp
zoo
@zoo
love prof wolff. discretionary spending could be justified as a category instead of per item. the same way it is in families or couples who share a budget
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yonathan pfp
yonathan
@yonathan
OUR PS5
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3 reactions
Fuxi pfp
Fuxi
@fuxi
I just want a PS5
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3 reactions
Hakim pfp
Hakim
@pisiko
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CryptFyn pfp
CryptFyn
@cryptfyn
In decentralised world, how do we reconcile this superiority of market forces with DAO based governance that are essentially committees?
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Tip pfp
Tip
@tip
@satoshibit0x, you can use the frame below to send an onchain tip to @vitalik.eth
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cryptoman pfp
cryptoman
@nfn575gfccfn786
Всем привет ,тут есть русские ?
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lim🎩 pfp
lim🎩
@stalim
Yaaaa
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Crypto Investing Dad ✨ pfp
Crypto Investing Dad ✨
@cryptodad
💣
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LIAN 🎩 pfp
LIAN 🎩
@wanqing
Great
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JR pfp
JR
@aijcr
What do you think are some potential drawbacks or limitations of relying solely on market mechanisms for expressing preferences and allocating resources within society?
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Ignacio pfp
Ignacio
@ignacio
🙌🏻
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Cloud pfp
Cloud
@liver-killer
Committee thinking is very hit or miss.
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Dapper pfp
Dapper
@dapperdutchdude
🫡
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Satoshiboy pfp
Satoshiboy
@satoshiboy
power will come when crypto projects support decentralized projects. not Twitter and telegram!
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Ton Enthusiast
@graf0v
Hi!
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MiracleRay 🎩 🔵
@miracleray
Gm
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