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  • Yanis Varoufakis on Crypto & the Left, and Techno-Feudalism
    #blockchain #cryptocurrency #economics #money | <blockquote>Was that a good or a bad thing? Of course, it was good for a young person in Shenzhen who managed to earn $60k a year designing digital hats on his PC – instead of destroying his body in a sweatshop. The question, however, is: Could all workers in Shenzhen (and beyond) be rescued from sweatshops by migrating to a metaverse? The answer is: Not before we have robots working for all of us so that we can reproduce the material conditions of our lives. As long as we do not have these mech...
    3 years ago | View Shared by victor

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