StalksEveryone@futurology.today
on 22 Oct 2023 08:50
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i thought i was getting my bumps from mexico wtf mccarthy
Gradually_Adjusting@lemmy.world
on 22 Oct 2023 08:56
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DeFi was supposed to be a rad lefty thing in its conception. Conservatives can truly ruin anything.
BigBlackCockroach@lemmy.world
on 22 Oct 2023 10:59
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reverse midas-touch đ¤Ł
captainlezbian@lemmy.world
on 22 Oct 2023 14:22
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Everything they touch turns to the gold standard
InvertedParallax@lemm.ee
on 22 Oct 2023 16:48
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Rad-lefty?
Rich people can hoard their money without the government?
How much further right can you get?
Gradually_Adjusting@lemmy.world
on 22 Oct 2023 17:52
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Thatâs a very small frame youâre prompting me to respond within. Fiat currency is a big complex issue and every attempt to subvert it is also necessarily complex
InvertedParallax@lemm.ee
on 22 Oct 2023 18:25
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Yes, but rich people have, at the end of the day, been at the mercy of the state for currency and protection, and the state can shift left and right.
Once they are free from the state for currency, there is only protection left, and they can buy that, with their currency.
Iâm on crypto because I see which way the wind is blowing, and itâs blowing away from anyone with less than $50m by the end of the decade.
yata@sh.itjust.works
on 23 Oct 2023 07:20
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It was never a âlefty thingâ. It was a right wing libertarian thing from its inception, and that hasnât changed at all.
trash80@lemmy.dbzer0.com
on 22 Oct 2023 11:29
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Then, researchers compared the alignment of crypto enthusiasts with what are known as âbinding moral foundationsâ (Authority, Purity, and Loyalty) â typically associated with political conservatives â to âindividualizing foundationsâ (Fairness and Care) which are often linked to liberals.
IMHO, that is a really strange set of âmoral foundationsâ.
WhatAmLemmy@lemmy.world
on 22 Oct 2023 11:38
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Yeah⌠Almost like those âmoral foundationsâ are what you would expect of the third reich.
Probably just a coincidence, though.
trash80@lemmy.dbzer0.com
on 22 Oct 2023 14:26
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I donât see how cryptocurrency exemplifies loyalty or authority.
realitista@lemm.ee
on 22 Oct 2023 12:07
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But does it really surprise you? Sounds spot on to me.
trash80@lemmy.dbzer0.com
on 22 Oct 2023 15:41
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Yes. I think people like bitcoin because it is decentralized. There arenât banks or government that control the currency. There is no authority. I donât see anything unfair about it. On top of that, I donât understand how loyalty, care, or purity relate to bitcoin or any other cryptocurrency.
realitista@lemm.ee
on 22 Oct 2023 17:12
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Itâs related because according to the study, those are the core beliefs of the people who like crypto.
trash80@lemmy.dbzer0.com
on 22 Oct 2023 17:58
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The purpose of the study was not to determine the core beliefs of the people who like crypto, it was to compare how crypto enthusiasts aligned with selected moral foundations.
TenderfootGungi@lemmy.world
on 22 Oct 2023 13:22
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Sounds correct to me.
treadful@lemmy.zip
on 22 Oct 2023 18:35
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Our analyses of a large set of Bitcoin tweets and a controlled survey indicate that binding moral foundations (Authority, Purity, and Loyalty) that are more closely associated with political conservatives better reflect oneâs interest in cryptocurrency than individualizing foundations (Fairness and Care).â
So itâs sentiment analysis of a specific community (Bitcoin). The Bitcoin community has been more libertarian and toxic than others, in my experience. But I wouldnât ascribe those attributes to the wider crypto community.
meh
joel_feila@lemmy.world
on 23 Oct 2023 15:22
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That sounds like âthe righteous mindâ bs. It included purity as a core value.
Itâs basically properties of fascism vs egalitarianism. Theyâre not pulling them from nothing.
Companion1666@lemmy.world
on 22 Oct 2023 11:39
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FFS, make SHIBâs value to $0.01!
realitista@lemm.ee
on 22 Oct 2023 12:06
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That explains a lot actually.
Sethayy@sh.itjust.works
on 22 Oct 2023 13:50
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Idk feels a bit like propaganda to me, crypto is the closest to a socialist currency you can get; instead of one or 2 super banks controlling all the money its divided throughout the people.
but then again this study has no (and obviously couldnât easily) bias control for such a factor
Lucidlethargy@sh.itjust.works
on 22 Oct 2023 18:22
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Crypto is a pyramid scheme. Itâs not currency.
Sethayy@sh.itjust.works
on 22 Oct 2023 19:18
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Anything under capitalism is a pyramid scheme, its just most noticeable when its more sharp of a pyramid
uriel238@lemmy.blahaj.zone
on 22 Oct 2023 20:30
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To be fair, the currency is a collectively managed element. But currency trading is prospective investing, id est majorly doing a capitalism which is quite conservatve.
If we just bought stuff with crypto and tried to stabilize prices that would be a public-service driven effort, ergo socialist
shortwavesurfer@monero.town
on 22 Oct 2023 15:26
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Not super shocking. The circles i see lean quite libertarian to anarchist and they love crypto, gold, and silver because âfuck the governmentâ. I find myself mostly in agreement as i think the governmyth attracts psychos who get off on telling others how to live their lives. If we stopped using their money they could not afford to fund more wars and i would be willing to go out on a limb and say that state government is as big as it should get. With clauses that anyone can enter or leave their jurisdiction at any time for any reason at all or no reason.
aodhsishaj@lemmy.world
on 22 Oct 2023 15:43
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Anarchists are by definition not conservative
ComradeKhoumrag@infosec.pub
on 22 Oct 2023 16:15
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I would consider cypher punk crypto anarchy the first left libertarian form of governance (edit: that could function on a global scale), an interesting hybrid of communism and capitalism.
Communism today is incompatible with democracy, it needs authoritarianism to have the level of control needed to redistribute all resources.
Right authoritarianism creates social hierarchies
Right libertarianism tries to be decentralized but just recreates feudalism
Left libertarianism is typically impractical. If the government doesnât have authority to tax, how can you redistribute wealth? If the government doesnât have weapons, how can it tax? If the social organization is decentralized, how do you maintain cohesion? If anarchy is rules without rules, how do you create rules without rulers?
Blockchain solves some of these problems. Maintaining an identity system is the main hurdle. In a crypto currency like Bitcoin, your private keys which prove ownership of money is your identity. But if it was just your computer was your identity, people could just spin up multiple computers and vote 10 times.
So unfortunately, the ârules of governanceâ are limited to network rules about the Blockchain. If you can implement a decentralized ID, you can securely automate parts of the government that have to do with things like voting or proposing policy.
wtfeweguys@lemmy.whynotdrs.org
on 22 Oct 2023 20:37
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Most informed comment ITT. Thank you for sharing it.
supert@lemmy.sdfeu.org
on 23 Oct 2023 18:56
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Left libertarian has a long tradition. Otherwise I somewhat agree.
alienanimals@lemmy.world
on 22 Oct 2023 16:13
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This article was written by a centralized bank that received huge tax payer bailouts in 2008 because their executives were too busy fucking over the average American.
Fades@lemmy.world
on 22 Oct 2023 16:14
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Sounds like nothingâs changed
idunnololz@lemmy.world
on 22 Oct 2023 16:27
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Well something did change. It is no longer 2008.
shortwavesurfer@monero.town
on 22 Oct 2023 17:19
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And banks are no longer required to hold your money. Thank god.
Lucidlethargy@sh.itjust.works
on 22 Oct 2023 18:21
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People who invest in bitcoin arenât much better.
ZombieTheZombieCat@lemmy.world
on 22 Oct 2023 19:50
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Obligatory fuck psypost. The most click bait, sensationalized headlines for small sample correlational studies that almost always have a divisive basis, like âdemocrats are better at x than republicans,â or âmen are better at x than womenâ or some shit. I got so sick of seeing it on the front page of reddit every single day because there were ten different subs reposting the same articles.
Kit@lemmy.blahaj.zone
on 22 Oct 2023 19:03
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This is surprising to me tbh. I always assumed crypto bros were left leaning.
AnarchoDakosaurus@toast.ooo
on 22 Oct 2023 19:46
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Must not have spent much time in crypto spaces. I would say they trend along the lines of Joe Rogan fans, but they are definitely more " bro libertarian " then leftist if anything.
There are some leftists who are into crypto currencies, but by and large most of the crypto space is dominated by anti game stop bois,investors, business moguls, drug dealers and small business owners.
Not exactly a huge overlap with leftist ideals there.
tony@lemmy.hoyle.me.uk
on 22 Oct 2023 20:17
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Back in the day when I was briefly into bitcoin (for the mining, which was still possible back then using GPUs) the bitcoin.org forums were mostly populated by americans who were sticking it to âthe fedâ and had a deep distrust of authority. Some of them were seriously unhinged⌠I didnât hang around there for long - only so much crazy I can cope with.
When I saw the people in silly costumes storming the whitehouse on TV thatâs exactly the kind of person I can imagine was posting on the bitcoin forums.
hark@lemmy.world
on 22 Oct 2023 22:56
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Crypto bros are likely overwhelmingly libertarian since a lot of crypto bro mentality gels with that ideology, particularly that it makes currency decentralized and more controlled by private entities. Cryptocurrencies as a whole will have various aspects that may appeal to other groups, however. Like yeah, itâd be great if we could reduce the power that banks have over us, but cryptocurrency often devolves into whoever has the most coins controls everything, critically with proof of stake systems. Iâm convinced that bitcoin is only as valued now because rich people (who got their riches outside of bitcoin) have controlled it and are playing games with it.
SquishMallow@lemmy.world
on 23 Oct 2023 00:02
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I would it expect to be bi-partisan. What reasons do we have for crypto? Security, faster transaction time, independent of government (more of a global currency), taxes too high, transparency, etc.
realharo@lemm.ee
on 23 Oct 2023 06:23
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Letâs be real, the only reason why the vast majority of people are in it is wanting to get rich by selling it at a higher price to someone in the future.
The term currency is kinda misleading, itâs really more like a commodity whose only purpose is price speculation on exchanges.
Faster transaction times? Do we really need that, and is that actually the case? I thought bitcoin could have transaction times of double digit minutes, while normal banking transactions here in Europe take 2 seconds
SquishMallow@lemmy.world
on 24 Oct 2023 06:17
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Bitcoin is not the only currency. Iâm not saying faster transactions are active, but that is a goal for some currencies no? Wasnât aware if that first Europe. What about settle time then? That is, time it takes to verify a major transaction is legit?
Crypto itself isnât an issue. My view has always been that it wasnât meant to be an investment, but a currency. The issues are the grifters and loons that promote this as an investment.
threaded - newest
i thought i was getting my bumps from mexico wtf mccarthy
DeFi was supposed to be a rad lefty thing in its conception. Conservatives can truly ruin anything.
reverse midas-touch đ¤Ł
Everything they touch turns to the gold standard
Rad-lefty?
Rich people can hoard their money without the government?
How much further right can you get?
Thatâs a very small frame youâre prompting me to respond within. Fiat currency is a big complex issue and every attempt to subvert it is also necessarily complex
Yes, but rich people have, at the end of the day, been at the mercy of the state for currency and protection, and the state can shift left and right.
Once they are free from the state for currency, there is only protection left, and they can buy that, with their currency.
Iâm on crypto because I see which way the wind is blowing, and itâs blowing away from anyone with less than $50m by the end of the decade.
It was never a âlefty thingâ. It was a right wing libertarian thing from its inception, and that hasnât changed at all.
IMHO, that is a really strange set of âmoral foundationsâ.
Yeah⌠Almost like those âmoral foundationsâ are what you would expect of the third reich.
Probably just a coincidence, though.
I donât see how cryptocurrency exemplifies loyalty or authority.
But does it really surprise you? Sounds spot on to me.
Yes. I think people like bitcoin because it is decentralized. There arenât banks or government that control the currency. There is no authority. I donât see anything unfair about it. On top of that, I donât understand how loyalty, care, or purity relate to bitcoin or any other cryptocurrency.
Itâs related because according to the study, those are the core beliefs of the people who like crypto.
The purpose of the study was not to determine the core beliefs of the people who like crypto, it was to compare how crypto enthusiasts aligned with selected moral foundations.
Okay fair enough, itâs a better description but I think a bit splitting hairs.
Maybe so. I wonder if there is some sort of class I can take that would help me to not do that.
Not sure who they surveyed. Sure as hell didnât ask me.
.
Sounds correct to me.
So itâs sentiment analysis of a specific community (Bitcoin). The Bitcoin community has been more libertarian and toxic than others, in my experience. But I wouldnât ascribe those attributes to the wider crypto community.
meh
Itâs basically properties of fascism vs egalitarianism. Theyâre not pulling them from nothing.
FFS, make SHIBâs value to $0.01!
That explains a lot actually.
Idk feels a bit like propaganda to me, crypto is the closest to a socialist currency you can get; instead of one or 2 super banks controlling all the money its divided throughout the people.
but then again this study has no (and obviously couldnât easily) bias control for such a factor
.
Crypto is a pyramid scheme. Itâs not currency.
Anything under capitalism is a pyramid scheme, its just most noticeable when its more sharp of a pyramid
To be fair, the currency is a collectively managed element. But currency trading is prospective investing, id est majorly doing a capitalism which is quite conservatve.
If we just bought stuff with crypto and tried to stabilize prices that would be a public-service driven effort, ergo socialist
Not super shocking. The circles i see lean quite libertarian to anarchist and they love crypto, gold, and silver because âfuck the governmentâ. I find myself mostly in agreement as i think the governmyth attracts psychos who get off on telling others how to live their lives. If we stopped using their money they could not afford to fund more wars and i would be willing to go out on a limb and say that state government is as big as it should get. With clauses that anyone can enter or leave their jurisdiction at any time for any reason at all or no reason.
Anarchists are by definition not conservative
I would consider cypher punk crypto anarchy the first left libertarian form of governance (edit: that could function on a global scale), an interesting hybrid of communism and capitalism.
Communism today is incompatible with democracy, it needs authoritarianism to have the level of control needed to redistribute all resources.
Right authoritarianism creates social hierarchies
Right libertarianism tries to be decentralized but just recreates feudalism
Left libertarianism is typically impractical. If the government doesnât have authority to tax, how can you redistribute wealth? If the government doesnât have weapons, how can it tax? If the social organization is decentralized, how do you maintain cohesion? If anarchy is rules without rules, how do you create rules without rulers?
Blockchain solves some of these problems. Maintaining an identity system is the main hurdle. In a crypto currency like Bitcoin, your private keys which prove ownership of money is your identity. But if it was just your computer was your identity, people could just spin up multiple computers and vote 10 times.
So unfortunately, the ârules of governanceâ are limited to network rules about the Blockchain. If you can implement a decentralized ID, you can securely automate parts of the government that have to do with things like voting or proposing policy.
Most informed comment ITT. Thank you for sharing it.
Left libertarian has a long tradition. Otherwise I somewhat agree.
This article was written by a centralized bank that received huge tax payer bailouts in 2008 because their executives were too busy fucking over the average American.
Sounds like nothingâs changed
Well something did change. It is no longer 2008.
And banks are no longer required to hold your money. Thank god.
People who invest in bitcoin arenât much better.
Obligatory fuck psypost. The most click bait, sensationalized headlines for small sample correlational studies that almost always have a divisive basis, like âdemocrats are better at x than republicans,â or âmen are better at x than womenâ or some shit. I got so sick of seeing it on the front page of reddit every single day because there were ten different subs reposting the same articles.
This is surprising to me tbh. I always assumed crypto bros were left leaning.
Must not have spent much time in crypto spaces. I would say they trend along the lines of Joe Rogan fans, but they are definitely more " bro libertarian " then leftist if anything.
There are some leftists who are into crypto currencies, but by and large most of the crypto space is dominated by anti game stop bois,investors, business moguls, drug dealers and small business owners.
Not exactly a huge overlap with leftist ideals there.
Back in the day when I was briefly into bitcoin (for the mining, which was still possible back then using GPUs) the bitcoin.org forums were mostly populated by americans who were sticking it to âthe fedâ and had a deep distrust of authority. Some of them were seriously unhinged⌠I didnât hang around there for long - only so much crazy I can cope with.
When I saw the people in silly costumes storming the whitehouse on TV thatâs exactly the kind of person I can imagine was posting on the bitcoin forums.
Crypto bros are likely overwhelmingly libertarian since a lot of crypto bro mentality gels with that ideology, particularly that it makes currency decentralized and more controlled by private entities. Cryptocurrencies as a whole will have various aspects that may appeal to other groups, however. Like yeah, itâd be great if we could reduce the power that banks have over us, but cryptocurrency often devolves into whoever has the most coins controls everything, critically with proof of stake systems. Iâm convinced that bitcoin is only as valued now because rich people (who got their riches outside of bitcoin) have controlled it and are playing games with it.
I would it expect to be bi-partisan. What reasons do we have for crypto? Security, faster transaction time, independent of government (more of a global currency), taxes too high, transparency, etc.
Letâs be real, the only reason why the vast majority of people are in it is wanting to get rich by selling it at a higher price to someone in the future.
The term currency is kinda misleading, itâs really more like a commodity whose only purpose is price speculation on exchanges.
Faster transaction times? Do we really need that, and is that actually the case? I thought bitcoin could have transaction times of double digit minutes, while normal banking transactions here in Europe take 2 seconds
Bitcoin is not the only currency. Iâm not saying faster transactions are active, but that is a goal for some currencies no? Wasnât aware if that first Europe. What about settle time then? That is, time it takes to verify a major transaction is legit?
The only people currently using crypto do so in order to get rich.
Donât see many left leaning people worshipping money and throwing everyone they can under the bus in order to make capital.
The most obnoxious people Iâve ever met were all conspiracy loonie right wing crypto bros
Crypto itself isnât an issue. My view has always been that it wasnât meant to be an investment, but a currency. The issues are the grifters and loons that promote this as an investment.
And incidentally, the rampant speculation around them has rendered them mostly worthless as a currency due to the high fluctuations in price