This is a key quote to consider when thinking about cryptocurrencies. And I recommend reading this book, as it offers key insights about what is happening right now. Pay attention. ‼️ 
The goal of fascism is to keep control of capital and money with private interests and industry, thus enabling that sector to gain control of, subjugate, and even eliminate the state.
Cryptocurrencies serve fascist aims.
Cryptocurrencies serve fascist aims.
Anybody who tells you differently is a fool, a liar, or both. Stand strong, we will be dealing with this issue daily for a long time.
It sounds populist and egalitarian to talk about “giving the people control of the money,’ until you realize that most wealth, and thus control and power, belongs to the 1%. It is a mirage, and a trick.
The people and corporations enabled by “privatized money” can then wield the power of the state to keep a boot on the neck of anyone standing in their way.
Because ‘people’ no longer have power — only money has power.
Because ‘people’ no longer have power — only money has power.
“The status quo has problems, so let’s try something new.” A cry as old as, and ever-present when people are trying to avoid the hard work of governance and democracy.
It’s a total pain in the ass; there is no shortcut or savior.
It’s a total pain in the ass; there is no shortcut or savior.
Go listen in on any crypto Twitter Space and you will hear a sense of “equality” but above all, pride in belonging to a community of “pioneers.” This is the populist urge that takes hold when states fail at governance. Governance matters.
Again, governance is hard. A republic, if you can keep it, etc, etc…
This presents an alternative to the communist state, where private property is eliminated; in fascism, private ownership is thus preserved, and corporate power merges with that of the state.
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