Degen communism: the only correct political ideology

https://vitalik.eth.limo/general/2024/04/01/dc.html

Delver at contraptions.venkateshrao.com, running summerofprotocols.com, host of /gloom ☀️

I like a lot of the specific ideas, from making small investors whole first to harberger taxes to suspicion of high-minded civility posturing. But “degen communism” is a terrible umbrella frame for it conceptually and PR-wise. 

The gestalt essence of what you’re describing is neither degen, nor communist

Degens as in crypto aren’t seeking chaos or “action” or full expression or a system’s potential. At *best* they are parasitic actors who do some culling of weak parts. At worst they drain energy and weaken whole system.

Common good and stability coupling is not a values preference. It’s a comorbidity to cure

😬😩

Ok I have deep issues with this essay, starting with semantics

degen = degeneracy = system expressing less than full dimensionality of behavior = tending to nihilism 

Chaos is almost the exact opposite. It’s maximal dimensionality. 

The fetishized stability of communism *is* degeneracy.

Found out about the new article directly from the chain 🫡

Updating ENS records triggers transactions. Vitalik updates the content hash (almost) every time he publishes a new article on his website – where the hash leads to. This time he actually did it before posting anywhere on socials.

@interface indexes transactions and I follow Vitalik, so I got notified as well :)

Found out about the new article directly from the chain 🫡 

degens🤝regens

this should be posted in /degensxregens 

degens🤝regens

this should be posted in /degensxregens 

degens🤝regens  

https://zora.co/collect/oeth:0xe310175e4e0945b278d951e693bde66eecc8af68/1

Benevolent internet pseudonym. AKA @boredelonmusk elsewhere.

I reread this 3 times. Will probably have to do so again.

Imagine a meme coin $GOODS that you could use to tip within github issue discussions on github

Degen Layer 3

Someone’s inevitably gonna launch a $communism token on /degen-l3, aren’t they

Love it! I like to say I am a voluntary socialist. :-)

> The Internet of the 2020s wants chaos.

> Chaos is the mother of revitalization and control.

Your thoughts on land value taxes mirror my own…are you planning a network state?

The concern and systems based strategy to lift up the poor is shocking [in a good way].

27 $degen for coherent writing. Good work.

Distributed data governance pioneer - building datastake.io

we do what we can and the rest we can’t do.

Instead we should lean on the networks we are building. Give directly to comrades in conflict zones and only give what they know they can meaningfully deploy and coordinate. Stop building overwrought performative charity brands and start deploying mutual aid and solidarity across the decentralized networks.

Amassing funds from individuals to pour into the non-profit industrial complex actually centralizes resources instead of decentralizing them. The way we conceive of charity generates more coordination problems than it solves; many causes and regions receive funds but are unable to meaningfully improve.

YES. some feedback below

Charity: this narrative was so profoundly abused in the NFT cycle that it caused a fissure between narrative and material reality. Solidarity over charity. Individuals providing mutual aid and sending resources directly to comrades doing work.

internet citizen, DAO cartographer, EVM whisperer & chaos magician.  spin bits for fun/profit, watch out for my MegaByte!

how would you compare degen communism to the regen movement? What can regens learn from it?

Summary:
1. Embrace Chao
2. Focus on common good
3. Crypto as a model
4. Fair Launch & Distribution
5. Dynamic policy changes
6. IP tax for sharing/innovation
7. Open, Fair Immigration & Urban Dev
8. Agile decision-making

TLDR: Degen Communism is like going all-in on a high-risk, high-reward altcoin but for society.

🤖 Human cast machine                                                      
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