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Joined 2 years ago
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Cake day: June 13th, 2023

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  • Sorry for the delayed reply. Been AFK.

    What, to you, is the actual difference between a community working together and organizing their resources for the common benefit, and a government?

    The ability to collaborate solely with values-aligned community rather than being forced to reach consensus across all people in a geographic region regardless of how antagonistic or philosophically misaligned we are.


  • The city/state level is much more likely to achieve things like this and that’s great but it’s not always the case. Regulatory capture and complex relationships with industry players make the government an imperfect vehicle for doing what’s best for communities. Sometimes a downright impediment to it.

    My point is that there’s nothing inherently stopping us from doing it for ourselves in any situation where the state is not optimally stewarding the public trust on our behalf, and the sooner we figure that out the sooner we start solving up-til-now rather intractable problems.








  • wtfeweguys@lemmy.whynotdrs.orgtoLemmy Shitpost@lemmy.worldBlue or red door?
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    1 year ago

    Insane? Yes. Unregulated, also yes. But if you remove the specific issues with bitcoin itself (like that it’s almost entirely used for speculation so far) and just look at the numbers you can see it’s not out of line for a brand new medium of exchange that starts trading at essentially zero but has the theoretical potential to be a major currency in world trade to have an almost unfathomable upside.

    Mcap at launch: basically zero

    “Mcap” of world trade: trillions (quadrillions?)