12 Matching Annotations
  1. Dec 2022
    1. The technology could facilitate new kinds of trans-territorial institutions, with self-enforcing rules, shared ownership across jurisdictions, and dynamic decision-making processes.

      One of the things that has frustrated me by someone like James Muldoon who wrote Platform Socialism is that they will say that we need to find a way to put various types of digital infrastructure under democratic governance that is international rather than nationalized as something the left should call for but is still largely against crypto. Might be something to note that there are these types of calls to justify why we should note that these are the things that could be facilitated.

    2. Crypto can enable experiments in political imagination that governments are unable to conduct on their own

      It seems to me that governments seem to only be trying more punitive approaches to regulation and have been afraid to regulate by code as at least one alternative to that.

    3. My argument is perhaps anticlimactic in comparison to a technology that inspires such radical aspirations for remaking the world: crypto needs to rediscover politics.

      I feel like this has been happening at least partially with the struggles around Tornado Cash, OFAC, MEV, etc. A whole lot to learn though. But I'm wondering if the audience here is someone in crypto or someone in social justice movements or both / neither?

    4. “Self-interested behavior is learned behavior, and people learn it by studying economics and business.”229 Systems are all the more constraining when they involve highly structured algorithmic processes, as crypto protocols generally do. While introducing algorithms may add efficiency to governance, a recent analysis finds that doing so can also result in “decreasing the space for governing actors’ discretion.”230 It is no surprise, then, that the cultures surrounding crypto are highly attuned to algorithmically mediated economic indicators

      To me this would fit into the argument that crypto looks the way it does and is largely used for the things it is now because of the learned behaviours we all have from living under capitalism. I wonder if you agree?

    5. the ascent of the economic means the decline of the political

      I've phrased it that markets are a type of governance mechanism over resources. Whereas non-capitalist mode of production would have more governance mechanisms that would be deemed "political" likely by many today, this was the norm and has eroded especially during the rise of neoliberalism as markets have taken over in the name of capital.

    6. coordination is democracy’s nearest surrogate.

      I think this may be true but is also part of the problem as to why you mention that these new tools could just as easily have Moloch reside in them. This is why I critique this representational model of crypto in my book. Moloch is more like capital and majority of crypto people are not making the connections it has with what they refer to as "the lack of coordination". Marx has a great quote on Capital being like Moloch as well in Vol.3.

    7. A non-scientific survey of political views in crypto215 identified not just “leftist”

      I was not a huge fan of this survey. I took it myself last year at Liscon and I didn't get cryptoleftist even though I made the term lol. I thought the questions were strange. I think they put Angela Walch as a cryptoleftist which I found bizarre. I heard they were improving it last I heard though.

    8. ransformative justice activists warn about the temptation to treat “community” as an unmitigated good, since harm often occurs because of, not just despite, its host community.

      I would suggest simplifying this sentence a bit, was confusing on first read.

    9. For democracy to thrive its institutions must be vulnerable to continual reinvention. Its traditions must be alive enough to permit that.

      Another way to phrase this maybe is that democracy must evolve to counter the new types or forms that authoritarianism takes. Fascism doesn't look like the fascism of the 1930s and so it is easy for people to believe again in what generations before fought against believing that it isn't fascism. Democracy needs to be adaptable to that threat.

    10. a widespread lack of experience with sharing power has lent fresh appeal to authoritarian urges

      Completely agree! We have so little experience with this. I didn't read the previous chapters but I it's talked about quite a bit in The Dawn of Everything how the indigenous were very convincing debaters as they had much more experience in deliberation.