YanisVaroufakisOnBlockChain

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What YanisVaroufakis thinks of BlockChains

Short dialogue between and YanisVaroufakis on whether Bitcoin can help lead to socialism (or at least a more democratic monetary system)

https://bitcoinmagazine.com/culture/an-open-letter-to-yanis-varoufakis-about-bitcoin

Yanis not optimistic :

https://diem25.org/why-bitcoin-not-socialists-ally-reply-ben-arc/

ThreadView

as bitcoin and crypto markets collapse, here's marxist economist yanis varoufakis explaining why although the technology of blockchain may have useful purposes, bitcoin is fundamentally a scam and anti-democratic, "creating a kind of feudalism for early adopters and speculators" pic.twitter.com/gw1vSk6gBO
— ☀️👀 (@zeisquirrel) May 12, 2022

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