Thread by @mylesbyrne

First i want to say that @evgenymorozov and @syllabus_tweets are vital resources for economic transformation.

Evgeny's 'Digital Socialism?' in the New Left Review and Lea Ypi's cyberflaneur are both unmissable for scoping the crypto mid-game.

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Evgeny's recent thread, though, is a rare miss from a sharpshooter. I feel i'm likely jumping on these 1 hour old posts before Evgeny's enteric brain kicks in and he retracts them.

https://twitter.com/evgenymorozov/status/1485510316012322819

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'These Web 3 people, having never read their Foucault' is a howler.

Like saying, 'these capitalist people, having never read their Adam Smith'.

https://twitter.com/evgenymorozov/status/1485510321498431491

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Economies are collections of agents acting according to their actual capabilities & constraints, not according to theories that explain them.

Web3 isn't youth failing to read Foucault. Web3 is more like the HIV Foucault caught when he tried to live his theories (in SF).

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Web3 is an autoimmune process against capitalism. It's capital merging with p2p.

Although i disagree with them on many things, @pmarca, @peterthiel, and @jack et al. are right:

Only one is going to come out alive, and it won't be capital.

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I wish i had time to use Evgeny's own brilliance against his old-man-shaking-fist posture.

Luckily i don't have to, @emmibevensee nailed it here:

c4ss.org/content/55643

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I could refer again to my theses that the web, incl. crypto, is direct biological evolution, how and why this is true, and what this means happens next ..

neuroplastic.github.io/climate_social…

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But i don't expect this to be read & understood, any more than i expect people to read & understand Foucault, or the owl of Minerva to fly on time for once.

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I expect the things i have predicted about crypto and the web to happen, because they are true, not because they are understood.

Evgeny, don't be right about crypto. Be *true* - true to the complexity.

@emmibevensee says it best:

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