Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
Degen communism: the only correct political ideology https://vitalik.eth.limo/general/2024/04/01/dc.html
197 replies
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✈Yuri✈ pfp
✈Yuri✈
@yuri
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.
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0 recast
10 reactions

✈Yuri✈ pfp
✈Yuri✈
@yuri
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.
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✈Yuri✈ pfp
✈Yuri✈
@yuri
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.
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✈Yuri✈ pfp
✈Yuri✈
@yuri
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.
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✈Yuri✈ pfp
✈Yuri✈
@yuri
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.
1 reply
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6 reactions