• The Snark Urge@lemmy.world
    link
    fedilink
    English
    arrow-up
    45
    arrow-down
    7
    ·
    9 months ago

    DeFi was supposed to be a rad lefty thing in its conception. Conservatives can truly ruin anything.

    • InvertedParallax@lemm.ee
      link
      fedilink
      English
      arrow-up
      6
      ·
      9 months ago

      Rad-lefty?

      Rich people can hoard their money without the government?

      How much further right can you get?

      • The Snark Urge@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        arrow-down
        2
        ·
        9 months ago

        That’s a very small frame you’re prompting me to respond within. Fiat currency is a big complex issue and every attempt to subvert it is also necessarily complex

        • InvertedParallax@lemm.ee
          link
          fedilink
          English
          arrow-up
          1
          arrow-down
          2
          ·
          9 months ago

          Yes, but rich people have, at the end of the day, been at the mercy of the state for currency and protection, and the state can shift left and right.

          Once they are free from the state for currency, there is only protection left, and they can buy that, with their currency.

          I’m on crypto because I see which way the wind is blowing, and it’s blowing away from anyone with less than $50m by the end of the decade.

    • yata@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      1
      ·
      9 months ago

      It was never a “lefty thing”. It was a right wing libertarian thing from its inception, and that hasn’t changed at all.