Crypto has been the topic of a lot criticism from these on the political Left, a lot of whom see cryptocurrencies like (BTC) as being related to libertarian or right-wing concepts. One widespread notion is that cryptocurrencies and different blockchain-based applied sciences, reminiscent of nonfungible tokens (NFTs), exist for the first goal of concentrating wealth, scamming buyers and in any other case replicating current monetary and energy constructions — simply in a extra unregulated method.
On Episode 16 of The Agenda podcast, hosts Ray Salmond and Jonathan DeYoung chat with creator and podcaster Joshua Dávila, host of The Blockchain Socialist podcast and creator of the brand new ebook Blockchain Radicals: How Capitalism Ruined Crypto and The way to Repair It. Dávila is crucial of the capitalistic tendencies of a lot of the crypto house and presents up another knowledgeable by his perspective as a self-described “socialism maxi.”
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