Bringing context and critique to the cultural moment. Deep dives, reviews, and debate encouraged.
40675 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
Bringing context and critique to the cultural moment. Deep dives, reviews, and debate encouraged.
40675 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
Relevant
Hot
New
Spam
Relevant
Hot
New
Spam
0
46.8K
0
46.8K
“Marginalized groups may seek to use NFTs because they have been either excluded from traditional markets or exploited by them. This is understandable, as they want to secure a living and income for themselves. However, the economic models behind blockchain and NFTs do not allow radical change to the exploitative structures of capitalism. On the contrary, they re-reinforce them. Defenders of blockchain technology argue for its potential benefits: autonomy, decentralization, democratic decision-making, and scarcity-driven value generation. However, it currently depends on unregulated crypto trading, opaque tech platforms, and computation power that is highly costly to the environment. How can we reconcile these different aspects?”
“Marginalized groups may seek to use NFTs because they have been either excluded from traditional markets or exploited by them. This is understandable, as they want to secure a living and income for themselves. However, the economic models behind blockchain and NFTs do not allow radical change to the exploitative structures of capitalism. On the contrary, they re-reinforce them. Defenders of blockchain technology argue for its potential benefits: autonomy, decentralization, democratic decision-making, and scarcity-driven value generation. However, it currently depends on unregulated crypto trading, opaque tech platforms, and computation power that is highly costly to the environment. How can we reconcile these different aspects?”
Some low-ranking comments may have been hidden.
Some low-ranking comments may have been hidden.