sarah jeong

So I think Bitcoin is a radical, interesting, and useful innovation in theory. In practice it is kind of a mess.

@sarahjeong Qualify "radical." Innovative, yes. Never-before-seen, yes. But does it really get to the root of anything?

Yes! A decentralized money separates economy from the state as a project, guts state power (for better or for worse). @legind

@sarahjeong @KevinCarson1 @legind That's what worries me about Bitcoin: no more public schools, highway maintenance, public health service?

@kragen @KevinCarson1 @legind 1) hard to dismantle states; imo cryptocurrency unlikely to harm schools/roads more than the govt irl does

@kragen @KevinCarson1 @legind 2) it’s *possible* to organize a voluntaristic commons. and that opens another can of worms w/r/t debate, but

@kragen @KevinCarson1 @legind if your concern is that pragmatically, domestic public goods are under threat by cryptocurrency. I doubt it.