yuga.eth on Warpcast

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1) The political theory of crypto is grossly underdeveloped. Accelerating the Onchain Transition will require a serious, cohesive, and widely understood intellectual framework. The Cypherpunk Manifesto, the Bitcoin Standard, Vitalik Buterin’s blogs, and other similar writings are inadequate for the purpose.

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2) We need a robust body of work that contextualizes crypto within the Western intellectual tradition, starting with Locke/Hobbes and ending with contemporary politics.

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3) It is not sufficient for crypto to be a curious hobby or an appendage of libertarianism; it must rigorously defend its modern relevance on its own terms, with reference to Kant, Hegel, Weber, Marx, etc.

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4) Critically, this work must be situated within media that the State and the Academy consider legitimate: peer-reviewed journals, prominent mainstream publications, etc. Because the traditional Elite trust these outlets, publishing in them will have significantly more impact than doing so via blogs and the like.

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5) Bringing the world onchain will require many different components. We are approaching the point that the technology itself is capable of doing so. What is needed is a serious body of written work articulating the necessity of cryptographic decentralization embedded in our political and economic infrastructure.

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6) It should openly contend with Acemoglu’s claims of the “minimum required centralization of a state”, with Keynes views on the necessity of a sovereign monetary authority, and so on, to establish a canon of onchain thought in conversation with the full range of intellectual history.

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7) A coherent political theory of crypto will usher in more participants into the Onchain Transition, because it will provide a common philosophical motivation and missionary tract. Moreover, it will be widely considered legitimate because it was propagated through the traditional avenues of the Academy.

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8) We are going to bring the world onchain, and to do so, we are going to articulate a serious political theory of crypto.

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Jeff Excell 🎩

Yes the current bandwagoning on the left or right within our space is always going to make us look like a roadside attraction to be bought and sold each election. Until someone puts together cohesive economic theory behind it and can tie strings to the theories that laid foundation before it we are lost Very well said

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Jacob pfp

when they go low, we go high-brow

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Future of Money

Great take, this is very important

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