Crypto fans come from strikingly varied ideological backgrounds - from libertarians to techno-anarchists to bog-standard centrist investors. There is even a more left-wing view of the technology, which says crypto and the underlying blockchain technology could help radically reorganize society.
While perhaps less often aired, the view is far from fringe. Twitter's Jack Dorsey has said that bitcoin's ultimate aim is to create world peace. MicroStrategy's Michael Saylor, whose firm owns more than $5 billion in bitcoin, has said that the cryptocurrency represents "the apex property of the human race."
Dorsey and Saylor are hitting many of the same notes as the "crypto commoners," a left-oriented movement of technologists and activists who think blockchain could hold the key to transforming a competitive society into a cooperative one.
"There's also this other track of people who have been working on making the world a better place, protecting the environment, helping with workers' rights and fair trade," George Mason University professor Sarah Manski, author of a recent "post-capitalist guide" to crypto commoners, told Insider.
Continue reading: https://markets.businessinsider.com/news/currencies/blockchain-crypto-jack-dorsey-commoners-michael-saylor-bitcoin-dogecoin-palmer-2021-10
While perhaps less often aired, the view is far from fringe. Twitter's Jack Dorsey has said that bitcoin's ultimate aim is to create world peace. MicroStrategy's Michael Saylor, whose firm owns more than $5 billion in bitcoin, has said that the cryptocurrency represents "the apex property of the human race."
Dorsey and Saylor are hitting many of the same notes as the "crypto commoners," a left-oriented movement of technologists and activists who think blockchain could hold the key to transforming a competitive society into a cooperative one.
"There's also this other track of people who have been working on making the world a better place, protecting the environment, helping with workers' rights and fair trade," George Mason University professor Sarah Manski, author of a recent "post-capitalist guide" to crypto commoners, told Insider.
Continue reading: https://markets.businessinsider.com/news/currencies/blockchain-crypto-jack-dorsey-commoners-michael-saylor-bitcoin-dogecoin-palmer-2021-10
