A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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© 2020 Relevant Protocols Inc.
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53475 Members
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© 2020 Relevant Protocols Inc.
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"There is no denying that web3 has been heavily influenced by capitalist logic (ie, profit maximization, rent-seeking, etc.). Because of this, there’s an overwhelming bias that blockchains are a hyper-individualistic technical media dependent on financial speculation - but this is not what blockchains really are. They can more accurately be seen as permissionless networks of computers and users that collaborate with one another around a distributed database of economic information by reaching consensus. In this light, blockchains are more like platforms for economic cooperation of which many types of partnerships are possible."
"There is no denying that web3 has been heavily influenced by capitalist logic (ie, profit maximization, rent-seeking, etc.). Because of this, there’s an overwhelming bias that blockchains are a hyper-individualistic technical media dependent on financial speculation - but this is not what blockchains really are. They can more accurately be seen as permissionless networks of computers and users that collaborate with one another around a distributed database of economic information by reaching consensus. In this light, blockchains are more like platforms for economic cooperation of which many types of partnerships are possible."
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