Re:Binance US No Longer Allows USD Withdrawal for Users
by gary_0 on Wednesday October 18, 2023 @12:07PM
(#37930720)
> In authoritarian states this is probably a net good
Crypto doesn't fix the problem with authoritarian states (or the drug war, or backwards prostitution laws), though, it's just another workaround. There's no shortcut around actual social change.
And the idealistic notion that crypto could allow mass civil disobedience didn't really pan out; these days, "civil disobedience" is usually too marketable and monetizable for it to not get co-opted by scamvangelists and corporations (which reminds me of the Black Mirror episode where they monetize the guy's suicidal protest against everything being monetized).
Crypto doesn't fix the problem with authoritarian states (or the drug war, or backwards prostitution laws), though, it's just another workaround. There's no shortcut around actual social change.
And the idealistic notion that crypto could allow mass civil disobedience didn't really pan out; these days, "civil disobedience" is usually too marketable and monetizable for it to not get co-opted by scamvangelists and corporations (which reminds me of the Black Mirror episode where they monetize the guy's suicidal protest against everything being monetized).