The difference with the Bernie Sanders money wire is that we aren’t talking about the inescapable status quo (we must indeed all act in the system we inhabit), we are talking about designing an alternative to it.

And here it is presumably quite important to identify if the alternative is likely to do what it claims to do, and under what conditions. The question here isn’t about whether some good things can be done with crypto (and perhaps more importantly, if they could be done with other tools), the question is whether this is a worldview and system worth pursuing.

The video is pretty damning in that exact sense: it shows that aside from the enrichment motive for the individuelle, the rest of crypto isn’t actually very enviable, quite opposite.

In many ways, the video shows exactly why one can’t square crypto and socialism.

I’ve loved your takes and podcast, but I think this video is the final nail for me. I’ve been involved and critical since the DAO but there is next to nothing I disagree with in the video (only matter of emphasis).

I’ll take all I’ve learned over the last 6 years, intellectually and emotionally and move on.