Really puts into question the capitalist myth of the genius entrepreneur and the idea that these corporate types are rich because they are smart or deserving in some way.

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[–] AlkaliMarxist@hexbear.net 5 points 1 year ago* (last edited 1 year ago) (1 children)

Absolutely, it’s tech-fetishism (in the sense of commodity fetishism) combined with capitalist realism. They identify a very real problem, but they cannot believe that it is inherent to capitalism and can only be solved by its ending.

Edit: Proof of stake had inherent problems also, it removes the “fairness” of verification and ties the ability to do so directly to one’s investment.

[–] UlyssesT@hexbear.net 3 points 1 year ago

The best way to defeat capitalists is by playing the game where the capitalist can buy a lot more game pieces and can fail many more times than you can. galaxy-brain