this post was submitted on 20 Mar 2025
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The crypto-industry is spending hundreds of millions to push its agenda in Washington, claiming the U.S. is in decline and advocating for global "network states" run by business owners. (futurology.today)
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What had once been at the fringes of right-wing libertarianism is now mainstream in Washington. Greenland has long been on the radar of the crypto-libertarians as a territory to start their 'network states' dream; coincidentally, just as their cash has captured Washington politicians, the US is now talking of invading it.

Is there a more harmful dynamic at play? If those who believe your country is in irreversible decline are put in charge, might they intentionally worsen its state to prove their point? Some argue this is already happening.

Coincidentally, some might argue that is happening too.

Further Information - Article Oct 1st 2024.

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[–] Korkki@lemmy.ml 5 points 3 days ago

Crypto bros have just one issue. They are all economic parasites, worst than your average landlord, with no real concrete function, service or product that any society or anybody really depends on. They are not saying that they want to take over states, but at this point they would need to take over states and suck them dry to save their grift.

They have nothing real to offer, since their meme money is worthless by itself and all they want to do is to do speculation by wasting electricity, hardware and compute. Crypto speculation like any speculation is only possible anyway when there is free money and no interests around. You snap free liquidity out of the picture and these cretins would crash and burn all they way to lowest pits of hell where they belong.