More efforts from tech bros to build Rapture.

Interesting quotes:

it had backing from tech heavyweights such as billionaire Coinbase CEO Brian Armstrong, AngelList co-founder Naval Ravikant, and venture capitalist** Fred Wilson**, a Coinbase board member who sold his shares in the company for $1.8 billion after it went public in 2021.

“Bitcoin, if it wins, completely changes the world, because it changes the ability of centralized states to do what they’ve been doing,” Srinivisan said in a presentation delivered to a Bitcoin conference in Amsterdam in October.

The Bitcoin-based Network State will be based on “internet values” such as “open source” and “peer-to-peer,” Srinivasan has written.

An utopia run on Bitcoin? What could possibly go wrong?

  • schmorp@slrpnk.net
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    11 months ago

    ‘Tech Billionaires give all wealth away to end world hunger.’ ‘Tech Billionaires lobby for wealth tax with national governments.’ ‘Tech Billionaires realize they are normal people like anyone else, not super smart world-saving geniuses, and finally shut the fuck up.’

    Now these would be news.

  • rekabis@programming.dev
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    11 months ago

    Libertarianism requires its members to engage in due diligence in order to execute their libertarian ideals properly and make the choices that are correct for them.

    This, unfortunately, excludes the lower-60% of all Americans, who are so ground down, economically terrorized, and mentally overwhelmed with their daily struggles to survive that they have little to no opportunity to approach any major choice with anything even vaguely in the realm of due diligence. They just don’t have the headspace to do so, and are forced to spend all their available mental efforts on just putting one financial foot in front of the other.

    This is why having social support frameworks enforced/provided/funded by the government is so important for so many working-class people - it allows them to put those issues on autopilot, significantly reducing their own cognitive load and allowing them to better process the most important issues in their lives.

    Ergo, libertarianism is a wealthy person’s toy. It is something that they can champion, because only they have the economic options and financial freedom to fully and properly engage with it.

    Until everyone has vanishingly few catastrophic-level issues on the horizon (like one missed paycheque leading to homelessness, or a sudden illness leading to medical bankruptcy), any attempt to implement libertarianism will only bring mass amounts of misery and destroyed lives to anyone beneath the Parasite Class.

    And when you have those kinds of widespread government-provided supports that lift all boats - and not just the megayachts - why bother with libertarianism? We should continue to use what got everyone into that safe state in the first place – socialism.

    Remember, the Parasite Class already uses socialism for themselves. It’s called grants and bailouts and subsidies, and allows the Parasite Class to privatize the profits and socialize the losses.

    It’s just at a scale that makes it impossible for working-class people to leverage.

    • sculd@beehaw.orgOP
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      11 months ago

      I feel like they are more dangerous than oligarchs.

      Look at Russian oligarchs. They don’t try to change the world. They know they are not welcomed so just buy properties at London, buy yachts, etc. and then enjoy what they have.

      Tech libertarians seem to view themselves as savior of the world and attempts to change it (for the worse).

  • Ganbat@lemmyonline.com
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    11 months ago

    Ya know what? I hope they do it. That many rich assholes with more ambition than brains in one place? It’ll burn from the inside.

    • explodicle@local106.com
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      11 months ago

      But part of it is decentralized! Can’t we just slap a blockchain on anything and declare the whole thing immune to coercion? /s

  • senseamidmadness@beehaw.org
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    11 months ago

    We can only hope that, like the citizens of Rapture, the rich tech-bros go insane from their own fumes and start eating each other.

  • GiddyGap@lemm.ee
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    11 months ago

    No society should accept billionaires. There are so many other people who are in dire need. It makes zero difference if they have a billion or a 100 million.

  • teawrecks@sopuli.xyz
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    11 months ago

    Of course “libertarian” here is code for “oligarchy”, because they know modern libertarians in the US are aggressively apathetic, will let them get away with anything, and thus form a perfect base to appeal to and dominate.

  • treadful@lemmy.zip
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    11 months ago

    I wish them luck. It’s good for people to try new things. I won’t be moving there though.

  • AnneBonny@lemmy.dbzer0.com
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    11 months ago

    Srinivasan has floated the car-free Culdesac private community in Tempe and the Peter Thiel-backed Próspera in Honduras as examples of currently-existing proto-Network States.

    “Suppose you found a new startup society like Culdesac on the basis of car-free living…which is an innovation in parallel transportation.

    Is “fuck cars” libertarian?

    • GregorGizeh@lemmy.zip
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      11 months ago

      Maybe in a twisted thought process: privatized public transport for the masses, and because the rich have no actual restrictions in reality, I’m sure they can drive a car if they want to.

    • sculd@beehaw.orgOP
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      11 months ago

      Good question. Since “libertarian” in practice always becomes some form of authoritarian state. They just jumped a few steps ahead.

      On the other hand though, car-free city sounds so nice.

      • AnneBonny@lemmy.dbzer0.com
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        11 months ago

        “libertarian” in practice always becomes some form of authoritarian state.

        What has been libertarian in practice?

    • Banzai51@midwest.social
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      11 months ago

      Until a Libertarian decides he wants to drive a car. You can’t expect discipline from these assholes.

  • Timo@mastodon.sdf.org
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    11 months ago

    @sculd freaking Ayn Rand cult strikes again. These 1%ers think they are THE new world order. Regulations are needed to protect our basic human rights from these folks. To piss them off, just say “you didn’t build that” .

    • sculd@beehaw.orgOP
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      11 months ago

      Yea, Atlas Shrugged really presented a very naive and simplistic world view that cannot work in real life. The capitalists all fuck off to build a city? Who is going to build them? Right. The workers. The workers that they despise.