
Golden Shine π©
@golden
616 Following
278 Followers
0 reply
0 recast
5 reactions
0 reply
0 recast
2 reactions
0 reply
0 recast
1 reaction
51 replies
14 recasts
102 reactions
1 reply
0 recast
2 reactions
0 reply
0 recast
0 reaction
0 reply
0 recast
4 reactions
0 reply
0 recast
0 reaction
4 replies
2 recasts
13 reactions
57 replies
65 recasts
417 reactions
0 reply
0 recast
0 reaction
22 replies
24 recasts
99 reactions
4 replies
1 recast
18 reactions
Reposting a note comparing some aspects of the current crypto space to weed that I made on the other app:
-----
Ten years ago, to many weed represented freedom, and rebellion against sclerotic old order that denied self-sovereignty over our bodies. Then, weed became legalized, and "official".
On that day, I remember my personal interest in weed dropping by > 2x overnight.
And since then, public discourse is moving toward a balanced view of weed: it is much less harmful than alcohol and smoking, and has valuable medical uses, but it is also far from harmless, especially in its modern corporate hyper-optimized versions.
Crypto finance is similar. In the old order, @GaryGensler created a regime where tokens that give investors clear indication of what their rights are and where their revenue comes from is a "security", but obfuscated "governance tokens" are potentially in the clear.
... 8 replies
21 recasts
131 reactions
9 replies
29 recasts
143 reactions
5 replies
5 recasts
25 reactions
6 replies
2 recasts
19 reactions
8 replies
6 recasts
56 reactions
23 replies
14 recasts
88 reactions
78 replies
96 recasts
265 reactions