News for hackers. Stuff that matters.
Re:Wikipedia RFC to stop accepting cryptocurrencies passes b... by CryptoPunk on Wednesday April 13, 2022 @02:59AM (#31011914)
The ideology of people not needing a central government's permission to privately interact?

What I would concede is that it does challenge the dominant ideology of the establishment.

As this former Federal Reserve economist describes, the Federal Reserve system is extremely centralized:

https://twitter.com/gordonliao/status/1484605701435523072?s=...

This is just one aspect of centralized economic control cryptocurrency threatens to upend.

Centralization will inevitably engender rent-seeking, so the dominant ideological framework being one that glorifies that centralized gatekeeping, and villifies a free market, is entirely predictable.

There are no comments on this comment yet.