From 5f64a45b730c2f559fe5127818faf87507df0b61 Mon Sep 17 00:00:00 2001 From: jxnshi Date: Mon, 13 Jan 2025 01:37:01 +0100 Subject: [PATCH] Starting writing --- ...socialist-love-letter-to-cryptocurrency.md | 46 +++++++++++++++++++ 1 file changed, 46 insertions(+) create mode 100644 public/writings/a-socialist-love-letter-to-cryptocurrency.md diff --git a/public/writings/a-socialist-love-letter-to-cryptocurrency.md b/public/writings/a-socialist-love-letter-to-cryptocurrency.md new file mode 100644 index 0000000..926e8ed --- /dev/null +++ b/public/writings/a-socialist-love-letter-to-cryptocurrency.md @@ -0,0 +1,46 @@ +# A socialist love letter to cryptocurrency. + +As the time of writing, I am still very much a newbie when it comes to politics, +but I know for a fact I am a socialist. You might also have seen I accept Monero +donations, showing my liking towards this cryptocurrency. So why? Why do I like +Monero? How do I think it fits into our current society. That's what I will try +to answer in this short writing. + +One thing I would like to emphasize first is that cryptocurrency doesn't +necessarily fit into my representation of the best economic system. First of +because this is not something I have thought about very deeply, like I said I am +still a newbie when it comes to politics. And secondly, because internet might +not even be a part of it. All that to say, I will be talking about +cryptocurreny in our current economic system, which is, a capitalist one. + +Let's get into the meat of it. For the average person, their way of storing +money is through banks. I have several problems with banks. + +If you can withdraw money from your bank, it's because your bank has allowed it. +If you can deposit money in your bank, it's because your bank has allowed it. +Your bank is the one controlling the ins and outs of your bank account. You are +giving them your money, in exchange of protection for it. But in the end, they +have your money, and you can access it because they allow it. + +Banks also have a viewing eye on what you do with that money. If you buy a brand +new watch, they know. Buying groceries, they know. They also know where you buy +too: Amazon, eBay, paying for you Netflix subscription, your Disney+ +subscription. They know what you subscribe for, what you eat, what you drink. +Anything you do with your money, they know. + +And maybe you don't care about it. Maybe you think those data are not secrets, +"Waw, my bank knows I eat corndog and watch Netflix.". But it bridges a gap of +intimacy that I don't like. I don't care if my friend knows that. But banks, +their not your friends, they're strangers, you don't know them. I personally +like to have some control over what people know about me. + +With that I think I've shown the power banks have over our money. Before talking +about how cryptocurrency solves that, I will talk about what I think a good +cryptocurrency is, which I think the only one currently to my knowledge is +Monero. + +As you might have seen in the title, this is a love letter to cryptocurrency, as +in cryptocurrency as a concept. This is though, not very accurate. +Cryptocurrency is very broad and the term includes cryptoccurencies that I don't +consider good. This is why I felt the need to clarify what I consider a good +cryptocurrency. -- 2.49.0