• John@lemmy.ml
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    7 days ago

    Read Blockchain Radicals, there’s more of us than you think. Dozens!

    Make no mistake though, I view crypto as simply a technological tool to get us from A to B. From the cryptoleftist subreddit:

    Bitcoin or any other specific crypto / blockchain project will not get us to socialism. This is first and foremost an ANTI-capitalist community (this should be the bare minimum to calling oneself a leftist), so please, we don’t want to encourage some of the worst aspects of both capitalism and crypto currency like speculation and trading. We don’t care if you do it, but there are other communities out there for that.

    That said, there’s some cool work being done on Breadchain for coops and workers: laborDAO, the ReFi (regenerative finance) movement, etc.

    Crypto can be an important tool to:

    • protect the unbanked,underbanked, and even banked from the exploitative financial system: we’re making progress

    • remove US hegemonic power by undermining the dominance of the US dollar: we’re making progress, but some like USDC are actually reinforcing American dominance

    • move away from capitalism and asset speculation to collective ownership (governance tokens), trade of useful goods (digital or physical), and savings protocols: we’re not making very much progress and are actively moving against this