Far left hatred for crypto seems entirely out of proportion to severity of stated concerns (bitcoin energy use, GPU scarcity).
I suspect this is because crypto is charismatic libertarian megafauna. Thin end of a wedge threatening to undermine all collectivist political action.
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Isn’t it also that it’s creating an even more unequal wealth distribution than we already have? I heard only 3% of crypto currency holders are women for ex
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Yeah that probably at least doesn’t help, though it’s also been one of the most democratic wealth creators. Not pwned by Ivy League children of middle class parents, despite prominence of Winkelvoss twins

