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The Material Evolution of Digital Currency and Crypto (Part 2)
This is Part 2 of The Material Evolution of Digital Currency to Crypto series. You can find Part 1 here. The Great Recession Gave Birth to Bitcoin In case you missed it, back in late 2007, the US subprime mortgage market collapsed and brought down with it banks around the world causing the Great Recession,…
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The Material Evolution of Digital Currency and Crypto (Part 1)
This is Part 1 of The Material Evolution of Digital Currency to Crypto series. Whenever I speak to crypto-curious people, I like to give a little bit of the history and context that bitcoin was birthed from because I think it helps in understanding the big picture (and because I’m a dirty Marxist and I…
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Cocaine, the ICO Bubble, and Neoliberalism
As economic policy, neoliberalism appears in the form of market based reforms like deregulation, privatization, and austerity. When Bill Clinton repealed the Glass-Steagall Act which allowed commercial and investment banks to join together who were originally separated due to the speculation of people’s money leading to the Great Depression, ~neoliberalism~. When the European Union, European…
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Isn’t Blockchain Just a Huge Waste of Energy?
This has got to be by far the most frequently asked question by other Leftists and it’s a good question to ask. It’s also not surprising considering we know from the IPCC report that we have until 2030 to decrease our carbon emissions by half and reach net-zero by 2050. Like many of you probably,…
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What Do Other Leftists Think About Blockchain?
I’m not the first Leftist™ to analyze what crypto and blockchain could or could not mean for the future but I have to admit that there aren’t very many that have gone into much detail. Let’s take a look at two Leftists™ takes from their interviews with PRIMO NUTMEG. Also, check out his YouTube channel…