Crypto has been the topic of a lot criticism from these on the political Left, lots of whom see cryptocurrencies like (BTC) as being related to libertarian or right-wing concepts. One frequent notion is that cryptocurrencies and different blockchain-based applied sciences, akin to nonfungible tokens (NFTs), exist for the first goal of concentrating wealth, scamming traders and in any other case replicating current monetary and energy buildings — simply in a extra unregulated method.
On Episode 16 of The Agenda podcast, hosts Ray Salmond and Jonathan DeYoung chat with writer and podcaster Joshua Dávila, host of The Blockchain Socialist podcast and writer of the brand new e book Blockchain Radicals: How Capitalism Ruined Crypto and How you can Repair It. Dávila is essential of the capitalistic tendencies of a lot of the crypto house and gives up an alternate knowledgeable by his perspective as a self-described “socialism maxi.”
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