I was kind of sympathetic to Bitcoin in the early days. Despite the awful politics of the community surrounding it and the obvious grift angle, it seemed a positive that we might possibly be able to escape the stranglehold that payment processors are currently demonstrating online.

Obviously, the incentives at play inevitability led the project to become a series of pyramid schemes within pyramid schemes, and anyone who has actually used the Bitcoin network will tell you that it did not scale well, with slow transfers and high fees.

However, could it be done well? Is it conceptually possible to have a left cryptocurrency? How would that work, technically, politically, practicality within this economy?

To be perfectly honest, these were the questions I wished our glorious thought leaders in left media would grapple with a decade ago, but maybe we all have enough perspective on this thing now that there is some fruitful discussion to be had on here at least.

  • JoeByeThen [he/him, they/them]@hexbear.netEnglish
    13·
    10 days ago

    We basically need a leftist Fiverr type marketplace that sits on Tor where all transactions are done through monero. Ideally, the marketplace makes enough from monero donations to cover costs (including labor) and then donates the rest to irl mutual aid orgs.

    Frankly, at this stage of the game, we should already have a whole content creation ecosystem sitting on Tor building leftist content to train our own LLMs that could be creating quick slop disseminated to turnkey leftist media sites that uses mainstream ad publishing services and affiliate marketing to earn funds that get funneled back into monero where we could be building our own tor based welfare state. But you know, whatever. This is fine too, I guess. this-is-fine