What a dumb take. You don’t have to go anti-technology in order to be anti-capitalist. The technology itself is not the problem, it’s the capitalist capture that’s the problem. You don’t have to throw the baby with bathwater.
People have looked at it from all sorts of directions and tried to propose use cases but none have come up with any particular use for this concept that isn’t just as well or better served by a different approach.
Without the crypto-bros, sure, no one would be especially ‘anti-blockchain’ and it wouldn’t have the negative impacts it does today, it just would be a forgotten concept that didn’t go anywhere.
none have come up with any particular use for this concept that isn’t just as well or better served by a different approach
This is literally the fault of the banks and billionaires controlling them. This is exactly what they want you to believe.
They’d go bankrupt if people started keeping their money on a blockchain and they will do anything possible to prevent that and push the propaganda in the oop post.
While it’s partially true, banks and billionaires are much more toxic to this planet and people.
Money and capitalism are toxic to the planet. You cannot have an economic system based on infinite growth when you live on a planet with finite resources and ecological limits. Blockchain enabling* a “better” way to spend money doesn’t change the fact that money is still a disease.
In general, I get it, but the weird thing about arbitrary number as currency is that you can have ‘infinite growth’ because the numbers are made up and if the number decreases in value by about 2%, then stable value would look like abotu 2% growth.
So you can’t have infinite growth in real terms, but we can play this currency game to pretend stable value is growth. Of course, merely keeping pace with inflation is not considered good enough, so they do tend to want to push ‘infinite real growth’ which is impossible, but if they settle for ‘kept pace with inflation but still say growth’, that can work because of this shared hallucination that is money…
The one thing people are doing is piling a whole bunch of money ‘on a blockchain’. That use case is very much alive and all the problems it has on that front are precisely due to the nature of a blockchain in an economic context. Wildly varying valuation day to day, massive resource usage for relatively small volume of transactions, low throughput of transactions, a ledger that lets everyone know your financial activities.
Not all technology improves human life. There are torture devices, etc. The problem isn’t just that corporations see an uncomfortable toilet or addictive app and see dollar signs.
Drugs have been a major problem for society since it began and there’s still no real solution for them. Some things just inherently cause problems and need some degree of restriction.
What a dumb take. You don’t have to go anti-technology in order to be anti-capitalist. The technology itself is not the problem, it’s the capitalist capture that’s the problem. You don’t have to throw the baby with bathwater.
Problem is I don’t see a baby whatsoever…
People have looked at it from all sorts of directions and tried to propose use cases but none have come up with any particular use for this concept that isn’t just as well or better served by a different approach.
Without the crypto-bros, sure, no one would be especially ‘anti-blockchain’ and it wouldn’t have the negative impacts it does today, it just would be a forgotten concept that didn’t go anywhere.
Trust this comment. This guy knows what he’s talking about.
This is literally the fault of the banks and billionaires controlling them. This is exactly what they want you to believe.
They’d go bankrupt if people started keeping their money on a blockchain and they will do anything possible to prevent that and push the propaganda in the oop post.
While it’s partially true, banks and billionaires are much more toxic to this planet and people.
Money and capitalism are toxic to the planet. You cannot have an economic system based on infinite growth when you live on a planet with finite resources and ecological limits. Blockchain enabling* a “better” way to spend money doesn’t change the fact that money is still a disease.
In general, I get it, but the weird thing about arbitrary number as currency is that you can have ‘infinite growth’ because the numbers are made up and if the number decreases in value by about 2%, then stable value would look like abotu 2% growth.
So you can’t have infinite growth in real terms, but we can play this currency game to pretend stable value is growth. Of course, merely keeping pace with inflation is not considered good enough, so they do tend to want to push ‘infinite real growth’ which is impossible, but if they settle for ‘kept pace with inflation but still say growth’, that can work because of this shared hallucination that is money…
So what are the good uses for this tech then? That was the main point you disagreed with but didn’t provide ant examples
Read other comments, there are plenty. I’m lazy to parrot what was already said by others.
The one thing people are doing is piling a whole bunch of money ‘on a blockchain’. That use case is very much alive and all the problems it has on that front are precisely due to the nature of a blockchain in an economic context. Wildly varying valuation day to day, massive resource usage for relatively small volume of transactions, low throughput of transactions, a ledger that lets everyone know your financial activities.
This is going to be an unpopular take here, but its true
Not all technology improves human life. There are torture devices, etc. The problem isn’t just that corporations see an uncomfortable toilet or addictive app and see dollar signs.
Drugs have been a major problem for society since it began and there’s still no real solution for them. Some things just inherently cause problems and need some degree of restriction.