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Acid Horizon

Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It with Joshua Dávila

Oct 31, 2023
Joshua Dávila, author of 'Blockchain Radicals', discusses how capitalism has ruined crypto and how to fix it. Topics discussed include unscrupulous marketing in the crypto space, the influence of marketing on public perception, power dynamics in internet infrastructure, politics and surveillance, decentralized autonomous organizations (DAOs), NFTs and energy usage.
01:04:34

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Blockchain technology should be understood beyond marketing narratives and seen as a tool for organizing and challenging capitalism.
  • Understanding the technical infrastructure of blockchain is crucial for grasping its potential to change power dynamics and social interactions.

Deep dives

Political contestation over blockchain technologies

The podcast episode discusses the political contestation surrounding the use and future of blockchain technologies. It explores the different perspectives and reactions to blockchain, ranging from skepticism and cringe to idealistic visions of decentralized organizations. The speaker emphasizes the need to think critically about blockchain technology and move beyond representational thinking. They argue that while there are marketing narratives that portray crypto in a particular way, it is important to understand the potential and value of blockchain technology beyond these narratives. The speaker suggests that blockchain is just one tool in a toolbox of organizing methods that can be useful in certain contexts.

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