Listening to a recent episode of the Solarpunk Presents podcast reminded me the importance of consistently calling out cryptocurrency as a wasteful scam. The podcast hosts fail to do that, and because bad actors will continue to try to push crypto, we must condemn it with equal persistence.
Solarpunks must be skeptical of anyone saying it’s important to buy something, like a Tesla, or buy in, with cryptocurrency. Capitalists want nothing more than to co-opt radical movements, neutralizing them, to sell products.
People shilling crypto will tell you it decentralizes power. So that’s a lie, but solarpunks who believe it may be fooled into investing in this Ponzi scheme that burns more energy than some countries. Crypto will centralize power in billionaires, increasing their wealth and decreasing their accountability. That’s why Space Karen Elon Musk pushes crypto. The freer the market, the faster it devolves to monopoly. Rather than decentralizing anything, crypto would steer us toward a Bladerunner dystopia with its all-powerful Tyrell corporation.
Promoting crypto on a solarpunk podcast would be unforgivable. That’s not quite what happens on S5E1 “Let’s Talk Tech.” The hosts seem to understand crypto has no part in a solarpunk future or its prefigurative present. But they don’t come out and say that, adopting a tone of impartiality. At best, I would call this disingenuous. And it reeks of the both-sides-ism that corporate media used to paralyze climate action discourse for decades.
Crypto is not “appropriate tech,” and discussing it without any clarity is inappropriate.
Update for episode 5.3: In a case of hyper hypocrisy, they caution against accepting superficial solutions---things that appear utopian but really reinforce inequality and accelerate the climate crisis---while doing exactly that by talking up cryptocurrency.
Cryptocurrency is the online equivalent of the neo-Nazi bar.
You know how the story goes, with the bartender who tells the customer "you have to throw out neo-Nazis as soon as you see the uniforms or the tattoos, no matter how polite and well-behaved they are. Because if you let Nazis stay and get comfortable they'll invite their friends, and word gets around that Nazis can drink comfortably at your bar, and customers who don't want to drink with Nazis leave, and suddenly you have a Nazi bar". You all remember that story?
Well, cryptocurrency in online spaces - especially futurist spaces and technological spaces - it's a lot like that. Cryptocurrency supporters are constantly looking for opportunities to promote cryptocurrency. And they obviously see a movement like solarpunk, which talks a lot about decentralization, and mistrusts the global financial system, and so on, as fertile ground for shilling cryptocurrency.
And if you let cryptocurrency supporters hang out and talk about how awesome cryptocurrency is, they will inevitably start shilling their particular flavor of cryptocurrency. And that's inevitably a capitalist scam and will inevitably harm anyone stupid enough to fall for it.
And the problem is not just that cryptocurrency is a capitalist scam. It's that, if you don't shut down cryptocurrency talk aggressively, you get more cryptocurrency supporters. Because the crypto bros see that cryptocurrency discussion is allowed, and they join in, and they invite their friends, and they start shilling their scams. And then you get crypto spammers and scam bots and the personal messages inviting you to elite investment opportunities and all the other scummy garbage that infests cryptocurrency websites. You either block cryptocurrency talk or you get a website full of crypto garbage.
In other words, cryptocurrency supporters need to be shut down as quickly and ruthlessly as any other bots and spammers. Because if you don't you inevitably get a website full of bots and spammers.
Because the crypto bros see that cryptocurrency discussion is allowed, and they join in, and they invite their friends, and they start shilling their scams. And then you get crypto spammers and scam bots and the personal messages inviting you to elite investment opportunities and all the other scummy garbage that infests cryptocurrency websites
At this point any cryptocurrency discussion space by necessity has strict policies against promotion, people who like to talk about cryptocurrency have realized it's generally rude and unwelcome to shill their bags outside of designated areas, and crypto scam bots don't limit themselves to only those spaces. Not every group of people you don't like is the equivalent of Nazis.
Yeah this doesn't seem like a great take. I think there's severe selection bias.
I like a narrow band of crypto projects. I think the vast majority of things you hear about are scams. There's a ton of bad actors in the space. My advice to people is just to be careful, but I don't promote crypto because I don't promote things that you should have a good understanding of before investing in them. I'm not in the business of risking other people's money. I'll talk about the tech, but usually uninterested in a specific token.
I don't think your brand of zero tolerance will work on such a broad scale. I do think you should aggressively shut down any specifics about [token or project], but it's not inevitable that people go towards shilling.
I was one of the top users of a crypto subreddit, and it got over run in the way you are talking about. Shills and people talking about price, etc. I wanted to have real conversations about the tech and implications. I left because it wasn't what I wanted anymore.
There are people who can talk about those topics with the nuance required, but I agree many cannot.
Aggressive moderation? Good idea.
Zero tolerance policy? Bad idea.
Given the above you'll retreat to "so a little Nazi-ism is OK?" - and if you can't figure out the difference between the two and your view is that polarized, I don't think we'll really find any common ground here.
This is an emotionally charged post, yet everyone you disagree with is secretly trying to influence everyone else? How the fuck are you going to compare people who like a type of software to literal Nazis? Anyone who relies on emotional arguments like that is clearly not a rationalist.
How do you achieve communism without authoritarianism? This sub says they like decentralization, but if you decentralize based on computers, how do you stop adversaries from performing a Sybil attack? How do we establish command and control for a decentralized network, without letting authoritarians seize that command and control? How do you establish a decentralized identity system, without also establishing a decentralized system for data management and governance?
Now, should a Blockchain be that? Maybe not, I'm not trying sell whatever to you. I get being annoyed by all the advertisers, but to go an extra step to say that the principles of cypherpunk is something to compare to Nazis, is just proof you care more about emotional arguments and setting narrative.
Thanks for highlighting it! Never saw it, and now looking into it.
For all I understood, it essentially resembles the banking system, except you have a digital cash option. But other than that, isn't it just integrated into traditional finances, with national currencies and everything? Or is that the point?
Also, from all I understood, Taler is currently a demo and not an actual system for real-world transactions, right?
Kinda. You can think of GNU Taler as a standardized "Paypal" that your bank can self-host and that vendors can implement without having to do something special for each individual bank. In addition it offers cash like privacy protections for buyers.
The EU is currently funding a pilot with two cooperative banks (in Germany and Hungary) to scale this up a bit and NLnet is offering grants for projects like open-source online shop software to implement GNU Taler support.
But it could also be used for things like cash-less payments on music festivals, similar to how you often have to buy paper tokens on those. And of course it is not linked to a specific currency, so you can have many different currencies (even unofficial ones) in your Taler wallet, similar to how you could do that with cash.
For starters, most modern cryptocurrencies (not Bitcoin, though) use Proof-of-Stake or a similar validation model, which pretty much solves the energy hogging problem. But the issue of laissez-faire capitalism persists, and crypto, in my opinion, is poorly equipped to deal with it - that is, assuming it wasn't meant as a perfect money model to force unregulated capitalism over everyone's throats.
And that is why it shouldn't suddenly become the main means for payments. But at the same time, that doesn't mean crypto doesn't have legitimate use cases. There are cases where anonymity, immutability and quick settlements matter, be it financially supporting protesters, moving money across borders, or, say, my use case of evading sanctions when trying to send money to my brother over the Russian border (outside of Russia, mind you).
But the issue of laissez-faire capitalism persists, and crypto, in my opinion, is poorly equipped to deal with it
I mean, proof-of-stake protocols didn’t exist until 2012, and that was a hybrid protocol. Exclusively proof-of-stake cryptocurrencies weren’t available until long after that IIRC. There’s a lot we still don’t know about what blockchains are capable of, and it’s entirely possible that we figure out how to regulate them effectively.
But you point still stands;
And that is why it shouldn't suddenly become the main means for payments.
Thanks for added info!
Yes, crypto market is turning for regulation, since its continued growth relies on getting institutional investors aboard, and institutions love clear regulations instead of a "grey zone".
I just wish people who complained about it would spend at least 5 seconds trying to think about an alternative way to achieve p2p electronic cash transactions that lacks the problems they see in cryptocurrency. But nobody ever does. At the very least, don’t try to convince me that the problems that cryptocurrency purports to try and solve aren’t real problems.
So I’m not sure I see how crypto is preferable to the non-crypto banking system? I don’t support either of them but if you can show that it’s better, then maybe it has some uses temporarily until we find a better solution.
It’s going to have to be a lot better in other ways to get over the issues around scams, volatility, and energy use though.
It only works better on a global scale and only for certain cases. And if you ignore problems present in the current banking system.
My examples would be:
people traveling (or refugees fleeing) across multiple countries would benefit from some kind of cryptocurrency in that their assets would be easier to access globally. No having to convert their money as they cross borders or dealing with banks and credit.
People living in places with unstable government and financial institutions would maybe benefit from having access to a decentralized global system to store some of their money in a system their government doesn't have a hand in or control over
Cryptocurrency is still a new technology and idea. Centralized banking has existed for thousands of years.
Capitalists did what capitalists do and tried to prematurely scam and squeeze as much money out of the idea as possible. Potentially forever ruining the image and possible impact the tech may have had.
Im pretty salty over what happened with NFTs. There were a lot of exciting things it could have been applied to.
But no. It turned into money laundering with ai generated images.
@xnx
I really hope some larger #foss projects team up with them for use as a donation platform at some point...the only issue is, where to buy taler w cash🤷♂️ @bloup
I don't see where this post did that, though? It criticises crypto for failing to solve the problems it claims to solve and for adding additional problems on top, not for trying to address things that aren't problems
It’s just the vibes i get after seeing the 30th mini essay with the same exact content as this, in which nobody ever actually acknowledges any of those problems as being real nor ever proposes a better idea. I guess it literally doesn’t try to convince me they aren’t real problems, but you sure can’t conclude from anything the author has written that they think they are real problems.
if you'd like a fantastic example of how Crypto is going to fuck up power supplies, just look at Texas - they can't keep their statewide grid running, shit on their renewable strengths constantly, and cut deals with cryptochuds so they're PAID to stop mining. SO FUCKED-UP.
Thanks for emphasizing this. I was a bit disappointed in that episode. I don't remember any mention of decentralization which is integral to solarpunk. One of the hosts seemed to just respond to the other with a lot of whataboutism and negativity that just revealed a lack of understanding of solarpunk's relationship to technology. For example, promoting electric cars instead of public transportation and reducing the amount of cars on the rode. Maybe that was the both-sides-ism to create discussion but it seemed like a missed opportunity to really dive into solarpunk technology. Maybe someone from this community could reach out about our approach to technology. They seem like they'd be open to hearing different viewpoints from the solarpunk community.
Yeah, I've worked on a wind farm that powered a Bitcoin mine built right next door, and another one that powered an oil refinery. Both felt pretty messed up.
I'm an anarcho-communist, so the future I would like has no money in it, virtual or otherwise, but we aren't there yet, and as long as we live under capitalism, I see no issue with making use of tools there to create parallel systems to those of the existing institution, to not only undermine them, but create a secondary system independent of the state to rely on (aka dual power).
It should be expected that capitalists would co-opt these tools, but that doesn't make our use of them less valid (or theirs desirable).
Them turning it in to an investment doesn't mean you do - if you're not buying (or mining) it to accumulate it, all it is is a token that allows you (if done correctly) to move money privately and securely, without capitalists knowing who is involved nor taking a cut or involving the authorities. I'm sure you can think for yourself of reasons why this would be beneficial for anarchists and other radical and revolutionary groups and individuals around the world, and the networks they create.
I don't know the podcast you've mentioned, but I agree that marketing crypto for profit definitely isn't punk in any way shape or form, but it's the marketing for profit part you should be taking issue with, not the tool they happen to be using to make the profit with (AI being a perfect example of another tool that can be used to either free or enslave us, dependent on who is in control, not on the tool itself).
Edit just to be clear: crypto is a big vague term that covers all manor of sins, I'm not an advocate for all or even most of it, but again - used correctly, it can be a really useful tool to have at our disposal.
Them turning it in to an investment doesn’t mean you do - if you’re not buying (or mining) it to accumulate it, all it is is a token that allows you (if done correctly) to move money privately and securely, without capitalists knowing who is involved nor taking a cut or involving the authorities.
By participating in the market you provide liquidity to it, and that's the most important thing the ponzi scheme needs as it perpetuates the illusion of others that their coins are actually worth something. Sure, there are rare situations where someone would have a use for crypto, like fleeing an authoritarian state or so, but in the end any kind of interaction with these systems is like frequenting a business where you know it is used as a front for money-laundering by criminal enterprises.
but in the end any kind of interaction with these systems is like frequenting a business where you know it is used as a front for money-laundering by criminal enterprises.
So most large corporations and banks then..
Look, there is no ethical consumption under capitalism, I made it very clear I don't support holding on to any crypto, just using it to circumvent oppressive systems, focusing on rejecting a tool (and one that can be specifically extremely useful in enabling revolutionary movements) because you don't like how others use it, instead of a system where any and all consumptions involves multiple levels of unethical practices, seems like completely missing the point to me. ¯\(ツ)/¯
“… it’s not secure, it’s not safe, it’s not reliable, it’s not trustworthy, it’s not even decentralized, it’s not anonymous, it’s helping destroy the planet. I haven’t found one positive use. For blockchain, it was nothing that couldn’t be done better without it.”
You can create new alternative economic systems outwith existing monetary systems. Global mutual credit, local exchange trading systems, etc. There are plenty of solarpunks and leftists in crypto and have been since the start.
Unfortunately an economic system is only as useful as its buy-in, and that's the hard part. If you want you fight financial hegemony, don't give wealthy people another lever of control.
"I am a solarpunk in crypto because I want to burn the entire energy output of a second Ecuador in order to help criminals extort ransoms out of hospitals and libraries." - An idiot
Literally a children's hospital in my city had their shit locked up by "hackers" -- they were using pen and paper to schedule appointments for weeks, using handwritten notes to pass health details from ER to ICU, etc. It could still be down for all i know, I haven't checked in a while.
I don't know exactly how much pain and suffering this has caused kids, or how many died because of it, but i know how hard it was when my son was in the hospital for months when he was little, and that was with a fully functional hospital.
It's fucking disgusting. And I'm like kinda pro-crime a lot of the time...
Ransomeware is a pretty small segment. Much dodgier shit happens with cash.
PoW can be used to store energy. Geothermal farms in remote areas mining energy credits. Spending energy on important stuff is also fine. We spend much more on inane nonsense. US tumble dryers use more energy than bitcoin. Other countries just use drying racks
I totally agree solarpunk and crypto should be separate.
however just talking about power usage - chains using “proof of stake” us something like 99.9% less power than “proof of work”. Ethereum (PoS) vs (Bitcoin) PoW power usage for example
PoS doesn't use any more electricity than it takes to write to a hard drive, which is minimal, and its also not a "race" in the same way PoW is for solving an increasingly difficult problem.
It doesn't have to be a wasteful if it's generated with clean energy. It doesn't have to be a scam, either. Just because it is those things IRL doesn't mean it has to be in fiction.
You could say a new algorithm was made that makes it barely use energy at all, too. It's fiction. You can basically do whatever you want if you write it. lol
There is so much misinformation here, it's hard to know where to even start. Yes there are crypto scams, yes legacy technology consumes way too much energy.
These are all solved problems, but it you only know about crypto from scams you might think there is nothing else. Crypto solves real problems with our current financial systems.
Wouldn't hurt to read from time to time. Solar Punk is as much about technology, as it is about knowledge.
crypto is just our current financial system but worse. more risk, more volatility, faster consolidation of wealth, slower transactions, and less actual utility. more than a decade on, there are only a very small handful of things you can actually buy with bitcoin, let alone any other cryptocurrency. what problem does that solve?
i do at least admire the utopianism of it - i'm not exactly going to bat for our current banking system - but if you see crypto in 2024 as anything other than a failed experiment at best then you're just delusional, it has completely failed to solve any of the problems it set out to solve and it has verifiably made the world a worse place
Crypto is vast my friend. It is not a financial system per se. At its core it is tools for human coordination which, by necessity contains a financial system.
It is indeed an experiment but it's a little premature to say that it has failed. The cake is still in the oven.
It's true that plenty of crypto projects have failed. That's to be expected in a bleeding edge experimental space. People try things out and sometimes they fail. That's how it works. There are however, plenty of projects that are still going strong fueled by very talented developers working tirelessly to address all of your criticisms. It just takes time. This is complex stuff. It's the merging of cryptography, economics and computer science among other things. It's going to take a little while.
Actual transactions for banks take longer than it shows, that how overdrafts still happen or bounced payments even though an accounts shows a recent deposits. They will show what SHOULD happen and over a couple of days the accounts process
Its why VISA was looking at using some of ETH smart contract stuff to potentially handle some of their payments on the back end, as well as the reason why central bank digital currency (CBDC) had some legitimate studies being done on it.
Excuse me friend but why not say proof of stake? It seems to me as if that IS a great solution. I've never mined any type of crypto currency but I do run Ethereum validators. I run them on an Intel NUC mini PC. When I first switched them on I started with 6 validators all running on the same machine. I noticed no discernable difference in my household power consumption. Then I increased to 12 and then later 27 validators, again all on the same machine and again no discernible difference on my power bill. I can repeat this for hundreds of validators all on this one mini PC and not use any more power than I'm currently using. To do the same on a proof of work chain I'd need one specialized, dedicated machine that would use orders of magnitude more power for each miner.
Proof of time and proof of burn are both interesting alts to me.
Proof of burn especially if it could be coupled a limitless mining pool that increased or decreased based on the number of transactions on the network. Basically a currency with that grows based on used and has a deflationary mechanism otherwise.
Solarpunk is not just about technology, it's specifically about being critical toward new technologies with a special emphasis on the social and environmental impacts they have.
The single largest blindspot that cryptocurrency enthusiasts have is in not recognizing that their systems are inseparable from computers, and that computers in and of themselves are an environmental disaster.
In S5E3 they invite on a guest in favor of crypto. The hosts do nothing to counter his statements. Even if they had on that episode, it would have been a zero-sum game. They could invite more guests on who oppose crypto. That still would fail to undo the damage of introducing crypto as something that deserves debate, rather than consistent and clear condemnation.
“Debate me,” is the rallying cry of the alt-right. You absolutely should not debate them. Those ready to argue in bad faith of the indefensible know the power of muddling issues, of eroding moral clarity, and creating uncertainty when there should be none.
I expect solarpunk media to have enough clarity of vision that they present a future that is better than a zero-sum game. And I expect them to do better than being permissive toward crypto. I have lost faith in the ability of “Solarpunk Presents” to deliver bold and radical truth. I have canceled my Patreon support and unsubscribed from their podcast.
Ok here's the thing, crypto as a concept it's not a completely bad idea the main problem is that the entire ecosystem was kidnapped by scammers and vcs, most of projects are scams at this point and it's extremely difficult to even talk about the concept without talking about bitcoin, which is the worst offender. But there are small projects like nano that tried to bring back the original concepts after fixing the principal flaws like mining and by extension the transaction fees, of course as you might guessed this project isn't popular among crypto bros because there's no profit to be made from the currency itself. I think all of this is still in it's infancy and has potential to develop in a positive way, what it needs is to remove the idea of easy money and systems that prevent users from earning from trading, in other words remove capitalists from the equation
Core to the design of the public-ledger blockchain system that powers all crypto is the idea that you have to have a proof-of-work mechanism. That's actually the big innovation that Satoshi Nakamoto brought to the table. Blockchain systems have been around forever, but blockchain in the crypto context came about because of the idea of proof-of-work. Before that you didn't have a way of securing the public-ledger against bad actors.
Proof-of-work is a system that gives control to whoever will put in the most "work", and work in this case is measured in computing power. That means that, by design, the system has to produce endless and unfathomable amounts of e-waste. It's a system that rewards infinite growth and exploitation; to be the dominant power in the crypto ecosystem you have to be constantly expanding the amount of compute power at your disposal. That means endless resource extraction, for one thing. This is as fundamentally un-solarpunk as you can get. It's also why a reward scheme is built in; there have to be incentives for providing that compute power, and payments to balance out its cost.
(By the way, all of the alternative schemes, like proof-of-storage or proof-of-stake, either have the same problem of endless resource costs, or just hand even more power to those with the most resources)
But if you take away the reward structure, all you've done is change the incentives, not remove them, because there's still the reward of being able to control the system as a whole. If you own the bulk of the processing power, you get to decide what the authoritative version of the chain is. You can decide to change the rules of how transactions are processed, or just roll-back transactions entirely. Without a monetary reward, you've now simply handed that control to the people who already have the wealth required to simply throw at it for the sake of the control itself. Your public-ledger blockchain is now owned by Jeff Bezos. You could have a state step in and use its combined resources to prevent this from happening, but then why run it as a public-ledger system at all? It's already publicly owned if it's being done by the state, so just have a central bank with an authoritative database system that wastes far less energy and far fewer material resources.
Editing the original post as follows, in response to their latest episode.
Update for episode 5.3: In a case of hyper hypocrisy, Solarpunk Presents caution against accepting superficial solutions---things that appear utopian but really reinforce inequality and accelerate the climate crisis---while doing exactly that by talking up cryptocurrency.
I've been a fan of cyberpunk for years, and I feel like an unsecured currency backed in computational waste (proof-of-work style) is a perfect fit for a cyberpunk setting. If I'd read it in a story years ago I'd have said it was a little on the nose
How is it insecure? Schnorr signatures and the txID system literally make it quantum resistant. Even if you cracked a transaction's key, you'd only have access to already spent funds. Like a receipt instead of a debit card, with no certainty who has the money until they spend it.
Oh, and in terms of computational waste, the fiat backed inflation based currency system we have now, has incentivized a world of endless growth which isn't sustainable. Switching to an asset with finite supply like Bitcoin would remove those incentives. There's other costs to using deflationary assets, but if you actually value the environment, switching to Bitcoin would economically inventivize a world where people are encouraged to save more instead of spend more
On their Patreon, the “Solarpunk Presents” hosts admitted they interviewed crypto-and-web3 bro Stephen Reid because listeners asked for him. The hosts should have known better. They should have ignored those requests, as probably those listeners/Patreon donors are invested in crypto and are trying to shoehorn it into the conversation. The hosts should have known crypto is unnecessary for a solarpunk present or future. Instead we could be talking about real solutions like mutual aid, free stores, and library economies. The hosts failed to do the right thing.
Barring that, they should have refunded the money of Patreon donors asking for this speaker, saying that ethically they cannot platform crypto. The hosts failed to do the right thing.
They should have challenged Stephen Reid when he made fallacious arguments in favor of crypto. The hosts failed to do the right thing.
After recording, the hosts should have realized their conversation wasn’t substantive and valuable. They could have refrained from uploading it or edited out the unopposed statements in favor of crypto. The hosts failed to do the right thing.
At the least they should have interjected context about those arguments, adding counterpoints and why crypto may not be the only solution or not a solution at all to any of solarpunk’s goals. The hosts failed to do the right thing.
They should have added a prelude or epilogue to the episode talking about any reservations about crypto or how the general conversation did not represent their solarpunk values. The hosts failed to do the right thing.
I have no confidence they will do the right thing in the future.
I've listened to their podcast since the beginning and I'm a proud supporter on Patreon.
They have made it a point to interview people and I don't get the impression that they agree with all of their interview subjects. I also don't agree with them on everything. But that's what an intellectual debate is. Just because they talk about an idea does not mean that they endorse it. Just because you hear about it does not mean that you must go out and buy crypto.
If you are going to look at a movement as diverse and amorphous as Solarpunk, you can interact with multiple ideas and learn more. But just because you learn about something, it does not mean that you must accept it or integrate it into your worldview. As I see it, understand where people are coming from - even if you disagree with it. Understanding does not equal acceptance.
(For full disclosure, I think that crypto makes very little sense. I've tried understanding what it is and why it is important but I just feel like it is a solution looking for a problem.)
That website is giving me serious wolf in sheep's clothing vibes. In fact, I think it is a wolf in sheep's clothing. It's trying to bundle blockchain with various leftist concepts to make the grift less apparent. In this article on the website, under the 'Decentralized Autonomous Organization (DAO)' section, it says:
In Part 2 we discussed a bit about smart contracts, which are contracts written onto a blockchain in computer code. It can take many types of actions based on some predefined criteria. This is interesting for the Left because of blockchain’s immutability and it can offer trustless interactions between parties that can give certain protections to its participants. If we take this concept a step further, we see that it’s now not too difficult to say that you can create entire organizational structures on the blockchain which are not owned by a single person or entity. Or in socialist-speak, it creates an avenue to encode organizations where workers own the means of production removing Capitalist middlemen.
Decentralized Autonomous Organizations (DAOs) are usually one or a collection of smart contracts on a blockchain that interact with each other to represent an organization. That organization could be a company, a cooperative, a political party, a social fund or just a group of friends, there really is no clear limit to the type of P2P collaboration that could be made with a Turing-complete language. What makes DAOs special especially for socialists is that we can create organization with encoded Leftist principles based on inclusion and democracy.
TL:DW, DAOs are a scam, or if done with good intent, are easily exploited, and don't really solve anything.
Tech isn’t evil, its a tool, building tools and using them for our goals is what matters.
This tech is so obtuse and reliant on specialized knowledge, that it appears to almost exclusively be created and run by those with ill-intent. It may be possible to use, very briefly, in certain scenarios, as a useful tool. But it really isn't worth propping up as a good thing/tool, and we should be seeking better alternatives to any form of Crypto.
What are the alternatives though? Currently much of the scaling of organizations hit the issues of Dunbar's number results in big (and exclusive) clubs, cat herding, and Kafka problems.
The value points I see are: codifying bueracracies into actionable contracts prevents the current problem where rules and doctrines are written but selectively enforced as a personal choice. I don't disagree on the need to explictlt account for failures to predict all outcome of a rule though, but I would rather be something fixed upstream then selectively prescribed.
A root of trust built on a transparent system using a mathematical proof as the underpinning to explicitly state and enforce the structure of power.
This is annoying in its inaccuracy. Crypto is a variegated set of technologies that are competing with each other.
Bitcoin, ethereum, etc all use proof of work, which is ridiculously energy-intensive, and not required for crypto to function.
..but there are lots of other cryptocurrencies out there that don't use proof of work, and are no more energy-intensive than any other typical internet service.
It's hard enough to get people on board with social movements that directly help them and have no downsides; you're going to have a hard time promulgating a financial system that undermines the wealth of the people who dominate the standard financial system, especially when the more wealth you've accumulated (in the standard system) is directly proportional to your ability to spread propaganda to support your wealth.
There are better, more winnable, battles to fight than the global financial system.
While i agree that a victory there would be huge, part of the reason it would be so huge is because of how very, very unwinnable it is.
That said, if you're super stuck on finance as the issue you want you be involved with, imo, the best thing you can do is communicate the questions -- the problems with contemporary finance, of which there are so very many -- and don't waste your time offering solutions.
(Even if we had a solution that could work, it would surely be obsolete by the time it could be meaningfully implemented. Cryptos of all kinds, at this point, can only provide their benefits to people with disposable wealth, who can afford to take the risk, and those are exactly the people who don't need you to fight for their interests. Or anyone -- but you're not anyone, you are you; your energy is finite, spend it where it can help the people who need it most.)
I have a lot of things in involved with in life, and to varying degrees. Crypto is by no means my absolute focus.
However, crypto is immensely useful, and no amount of wishing it away or saying 'the time hasn't come' for it will be effective. It has a niche, and will occupy that niche successfully, without any big battles to fight.
It also is flexible, and new uses will come around, paralleling the existing ones.
My own uses for it are primarily in DAOs, which are really neat and useful, for me. There are plenty of other uses, but voting and traceable structure and organizational finance as exist in some DAOs really is a major one.
This is a little confusing to me. Clearly the arguments are centered around cryptocurrencies and on that note it's exactly right - those are a steaming pile of shit that have no place in solarpunk. But the language of this post sounds inclusive of all forms of encryption, and that's problematic given the essential role of various forms of encryption for protecting privacy, and the security of those with little or no political power.
"Crypto" has become a common shorthand for "cryptocurrency". Unless I'm missing something, I saw nothing in their post that references cryptographic technology as a whole.
Who are you to define solarpunk? It's fine to disallow talk of crypto in the sub but I don't know that any individual or group has the right to define solarpunk at this point.
Many coins are indeed scams, and many NFTs are scams. This does not mean the underlying technology is a scam. Many scams use the dollar. Somehow we have to get from here to there, from an exploitative unsustainable capitalist world to a solarpunk world. This will almost certainly mean many years in a state of transition where money of some sort will still be needed. Crypto currencies could be a tool on the path, I don't know but I'm not ready to throw out a whole technology because of some scams. In fact, it's usefulness for scams might actually be a sign of it's utility, just like cash.
Fiat currencies also take massive amounts of power, and they are exclusively controlled by the bad guys. Banks have racks of servers and/or use cloud services, financial exchanges also run racks of servers and build microwave towers for fast communication.
I know this one will sound incredulous to most, but have you considered that those with billions invested in the current system spend money to influence communities like ours and social media to make something that could be their kryptonite have a bad reputation? Isn't odd how the anti-crypto crowd is so uneducated on the topic and yet so rabidly against it? Why would people interested in changing the balance of power not have interest in a tool that has potential there?
Maybe crypto is not strictly solarpunk but that doesn't mean that it cannot be a useful tool in the transition away from capitalist control to solarpunk.
Those against crypto, how do you propose we get to a solarpunk world from here? What is the path? What are the tools?
Those against crypto, how do you propose we get to a solarpunk world from here?
Hold up, there's a huge leap of logic in this question. Are you saying there is a path if only we embraced cryptocurrency? If not, then why even phrase the question that way?
Are you saying there is a path if only we embraced cryptocurrency?
No, I'm saying if we actually plan on making progress, maybe use available tools and don't let purist thought, groupthink, and propaganda take our tools from us.
Pretty much, but it still has a general meaning. Just like the word "punk" itself. If Blink 182 said "This is punk", Minor Threat and The Romones might have something to say.
All coins are used for speculative investment, there’s very, very little practical use going on.
This is mostly true now but doesn't have to be. I'd say a large part of why it's stuck is because of people's negative attitudes towards it. Faith in a currency is critical.
What a silly thing to say. Banking servers wouldn’t use a fraction of the power mining operations do.
And you know this how? How are you measuring the electricity the modern dollar requires? What about crypto-currencies that don't use proof-of-work and instead use a consensus algorithm like Raft?
Sorry mate this one is a bit kooky. Anyone who didn’t drink the koolaid can see it for the ponzi scheme it is.
No worries, it's expected that heavily propagandized people view the claim they are propagandized as kooky.
So you propose we move from one fiat I can hold in my hand to a different fiat that I can no longer hold in my hand. You propose we move from having bad guys we know controlling the system to change to bad guys we don't know controlling the system (see mystery whales).
There is no viable use case for crypto that has not already been solved by other, less power hungry, means.
And if you think the big banks, venture capitalists, and private equity don't have disproportionate influence on crypto, something is very wrong.
"Solarpunk is an art movement that depicts nature and technology in harmony, and is also a subgenre of speculative fiction, fashion, and activism. The term was coined in 2008, and aims to tackle climate change, galvanize the community, and deploy existing technologies for the greater good of people and the planet. Solarpunk aesthetics include:
Renewable energy
Technology that disappears into the environment
Lush green communities with roof top gardens
Floating villages
Clean energy transport
Hope-filled sci-fi tales"
I'm not saying crypto talk should be explicitly banned here, but should at least be limited to the context in which it is applicable to the topic.
So you propose we move from one fiat I can hold in my hand to a different fiat that I can no longer hold in my hand.
You don't know what fiat means. Learn about money, and the technology behind before having such a strong opinion.
I’m not saying crypto talk should be explicitly banned here, but should at least be limited to the context in which it is applicable to the topic.
That sounds appropriate. Cryptocurrencies, when considered without the layers of misunderstanding and propaganda could be a useful tool in a transition to a more sustainable future similar to other imperfect but still at least temporarily useful technologies we might not ultimately want in a solarpunk future such as electric cars or tall buildings with trees all over them.
Actually they can. Tether is basically running an endless printing press right now. They've produced billions of dollars "worth" of Tether backed by absolutely nothing, and most of it is used being used to bid up the notional value of Bitcoin.
Yeah I don't get why solar punks hate on crypto? Do they like the wastefulness of fiat? Do they understand how much non renewables are used to process a single credit card payment? Or do they have a better form of money?
Crypto could be solar punk, just requires people to use... Solar power... Or am I missing something?
For me, it's because crypto is manufactured scarcity. That's the whole way crypto creates "value". For me solar punk is about not putting artificial limits on things to create scarcity.
First off, solar power still comes at a cost to the planet. It's not an infinite energy hack. You have to build solar panels, which involves a lot of labour and resource extraction. That should be going to things that will make the world a better place for everyone. Is a really inefficient database really the best use for those resources?
Second, that's not the only physical resource involved. Modern crypto mining is done on ASICs, single purpose chips designed for only running crypto mining apps. These chips burn out after about two years of continual use, and they cannot be recycled or repurposed; they can only be used for crypto mining. That means that crypto, as a whole, generates an absolutely staggering amount of ewaste. This is a business that demands infinite growth, because the difficulty of the chain scales with the amount of compute power applied to it, so the miners are all locked in an endless arms race, and that infinite growth comes at the cost of infinite resource extraction.
That's exactly the kind of thing we have to get away from if we want a green future. We cannot keep building infinite growth engines and expect to have a livable planet.
A slow but decentralized and immutable database can have it's applications. You can have a semi-decentralized one if it's needed, doing stuff like PKI. I wish DNS were like that.
But the popular use is currencies. And scams. And people here seems to hate money, even more than actual scams.