Degen communism: the only correct political ideology

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

Blogger at ribbonfarm.com, running summerofprotocols.com, host of /gloom ☀️

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 🫡

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

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

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.

This just in. He’s a degen folks
111 $degen

I love this philosophy. It challenges traditional ideologies and provides a dynamic approach to societal evolution. Embracing chaos while prioritizing the common good requires careful consideration, so I'm glad we've got Vitalik thinking big for us!

Note that even the concept of fundamental needs beyond food and shelter as necessary requirements for human beings to become and stay mentally, emotionally and psychologically healthy, capable of taking appropriate decisions and contributing to society, is enough to change the paradigm. 

Please consider helping us.

There are a lot of single-paragraph solutions in this essay that need deeper scrutiny (I don't like when people are called "good and bad actors" as if they are game theory agents).

But putting up a bond to vouch for an immigrant is intriguing IF and only IF it doesn't lead to Qatar/UAE-style indentured servitude.

odegen

The IP taxing solution is intriguing and lucrative enough for the inventor. But I wonder if 2% is enough to discourage the patent trolls from hoarding patents. Patent trolls go beyond static rent-seeking and are actively destructive to innovation and value creation. I’d love to hear ways to reduce patent trolls.