Degen communism: the only correct political ideology

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

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.

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.

Take these same principles about financial disruption you have identified here and continue to deploy them to solve coordination problems all the way down. Do not plug into extractive NGOs that are disincentivized from solving the problems they advocate for solving, disrupt the supply chain with distributed networks.

Background pressure:

We are at a stage in the game where the networks that coins generate are begging to have character. This character functions not only as brand identity but as a magnet for directional alignment. Build coins about something. Build cohesive subcultures. Give the networks meaning.

While a sense of humor is good and a flippant attitude towards rules mores and authority is necessary, these do not have to be the sum total of meaning carried with our networks. Build rich alternate histories and realities with your friends. Combine the power of LARPing with MEMEing to build the future we want to see.

The technology layer for disruptive financial is strong. The social coordination layer is growing. But true social justice require an alignment with vision, hope and belief that is best handled by culture carriers. On board the culture carriers to the degen communist networks.

These coins capture value, conviction and belief. They allow for material equations to stand behind the whims of feeling which give them their chaotic good character. Their character has just been born. Let them grow into movements. Invite the creative class to this movement and we will have banners, anthems and poetry

All of which are a coordination primitive. Culture is proof of humanity. Solidarity will always beat charity. Distributed networks solve coordination problems and these problems do not exist solely in the financial layer. We must fully embody these principles in the movements we are building. We must stand on business.

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.

Totally agree re charity being mediated . Funds are siphoned off by narrative hi-jackers — large NGOs, consultants, auditors, on the back of local populations. Not a crypto problem, but one it can help alleviate (despite current flaws)