this post was submitted on 02 Sep 2023
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Bωockchain
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bwockchain is not a technology of the future, buttcoin is a scam.
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It's incredibly ironic that crypto in general was supposed to liberate the masses from the plutocrats and the banks, and yet the people who run the industry have managed to take the power inequality that already existed and crank it up all the way to 11.
All this quadratic voting schemes etc are pure oligarchy in miniature
People unfortunately like to have someone to follow and be subservient to
I'd argue that it's less that people like to be subservient, and more that some people just can't help but put all their energy into putting other people beneath them
Following someone else's instructions can save time and effort, but this is only beneficial if the "followers" are also actively investing time and effort in something worthwhile.