Tech moguls want to build a crypto paradise on a Native American reservation

Submitted ⁨⁨23⁩ ⁨hours⁩ ago⁩ by ⁨AcidicBasicGlitch@lemm.ee⁩ to ⁨technology@lemmy.world⁩

https://www.motherjones.com/politics/2025/06/tech-crypto-native-american-musk-balaji-network-state/

You’re going to call protestors “agitators” while the broligarchs keep coming up with the most outrageous, evil bullshit they could think of, just for the hell of it.

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hroderic@lemmy.world ⁨3⁩ ⁨hours⁩ ago
“Crypto paradise” is the first example in the dictionary when you look up Oxymoron

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WanderingThoughts@europe.pub ⁨19⁩ ⁨hours⁩ ago
Because they want to build and experiment without all the red tape. Of course they do and people have to relearn why regulations are written in blood.

They hate the FDA, but one of the reasons it exists was because some folks sold radioactive beverages, mascara that caused blindness, a bunch of snake oil and medicine that killed people and/or caused deformities.

Adventures with financial deregulation and crypto haven’t been much better so far.

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- unphazed@lemmy.world ⁨11⁩ ⁨hours⁩ ago
  Let em do it at Point Nemo
  
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- rottingleaf@lemmy.world ⁨19⁩ ⁨hours⁩ ago
  BTC is useful though.
  
  It’s very easy to judge from the EU, but if you are in Russia and need to pay for something in the interwebs, it’s very convenient to have an imperfect, but kinda functioning system like this.
  
  (Idiots replying with “go rebel” or “change location” need not bother, I happen to have family, friends, dog, ASD and BAD, my sister who’s on my support every time she makes a planning mistake can change location, I can’t. I’m also not a Jedi chosen one to have useful options of “rebelling”.)
  
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  - Luffy879@lemmy.ml ⁨18⁩ ⁨hours⁩ ago
    
    BTC is useful though.
    
    Btc is not a reliable payment system. It is neither stable, nor is it in any way anonymous. So if everyone would start using Btc, I could track everyones every move.
    
    Or in better words: ever heard about Monero?
    
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  - NocturnalMorning@lemmy.world ⁨12⁩ ⁨hours⁩ ago
    BTC also uses massive amounts of resources, and we have an impending climate crisis hands. Tell me, how is that useful to further the climate destabilization for whatever momentary convenience you think you have. We’re gonna be really sorry in 5-10 years as this thing accelerates. We are getting some seriously bad news in the scientific community right now bcz we are far outpacing even the most pessimistic studies on warming and CO2 output. We have dumbasses in charge who want to pretend climate change doesn’t exist.
    
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  - WanderingThoughts@europe.pub ⁨18⁩ ⁨hours⁩ ago
    It’s the deregulated part that’s an issue when people lose their life savings and nobody can help them because no regulations.
    
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FauxPseudo@lemmy.world ⁨21⁩ ⁨hours⁩ ago
Look into the history of libertarians trying to set up paradises of like minded people to find out why this will fail. They start into the 19th century and just keep failing.

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- Broadfern@lemmy.world ⁨20⁩ ⁨hours⁩ ago
  When everyone is out for themselves, the very basics of civilization collapses.
  
  Empathy and pro social behavior are key to our survival and evolution as a species. Oligarchs and unbridled greed are a violation and exploitation of the social contract and bottleneck progress and healthy societal functioning.
  
  The Bioshock games weren’t just spun up out of nowhere.
  
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  - Pudutr0n@feddit.cl ⁨16⁩ ⁨hours⁩ ago
    Both empathy and the lack of it are required. Humans are pack hunters. We work best as teams. Someone has to lead those teams. Guess what traits tend to make for people better at securing and conserving power within groups, and keeping loyalty within their ranks? Yep, you guessed it! Psychopaths! :D
    
    There are benevolent leaders, yes, that exists, but in a competition where anything goes, a psychopath which is difficult ton detect will have the advantage over someone with more empathy and robust moral limits.
    
    There’s a reason why they’re roughly estimated to be around 10% of the population. Hierarchies need few leaders. The higher the ladder, the more vicious the psycho it gets, because they’ll have to be competent enough to defend themselves from the other psychos that want all their tasty tasty power.
    
    The reason why all our leaders are psychopaths is this is the same reason why basketball players are all tall. If you don’t have that trait, you just don’t get the fucking job.
    
    This used to depress me, but I chose to stop thinking about it. I don’t think there’s any fixing it.
    
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  - rottingleaf@lemmy.world ⁨19⁩ ⁨hours⁩ ago
    Libertarianism doesn’t deny empathy and “pro social behavior” (as an autistic person, I rarely see it toward myself, not being liked and not making right faces - apparently not deserving of it, but OK ; it’s already good if those “pro social” people don’t consider it normal to steal from you when they don’t like you), it actually relies on those more.
    
    The issue is that it’s something that needs scale and consistency. You can’t just assemble a bunch of idealists and crooks and expect them to make a working mechanism.
    
    I don’t think there were many more successful attempts by left anarchists.
    
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- GraniteM@lemmy.world ⁨7⁩ ⁨hours⁩ ago
  
  There are people who, disturbed by “big government” today and its tendency to curb the advantages they might gain if their competitiveness were allowed free flow, demand “less govern- ment.” Alas, there is no such thing as less government, merely changes in government. If the libertarians had their way, the distant bureaucracy would vanish and the local bully would be in charge. Personally, I prefer the distant bureaucracy, which may not find me, over the local bully, who certainly will. And all historical precedent shows a change to localism to be for the worse. —Isaac Asimov, Nice Guys Finish First, collected in The Sun Shines Bright, 1981
  
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- Sylvartas@lemmy.dbzer0.com ⁨18⁩ ⁨hours⁩ ago
  It’s all fun and games until the bears show up
  
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- AcidicBasicGlitch@lemm.ee ⁨19⁩ ⁨hours⁩ ago
  I’m not surprised by more of this sovereign state nonsense, I’m just disgusted that they’re proposing building it on a reservation.
  
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  - 0x0@lemmy.zip ⁨15⁩ ⁨hours⁩ ago
    Casinos ring a bell…
    
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- Pudutr0n@feddit.cl ⁨16⁩ ⁨hours⁩ ago
  Err… I’m not trolling or taking any sides here but couldn’t that also be claimed about communism? And the vast majority of monarchies if you start your analysis then… And I guess if we look at the current day, one could argue contemporary democracy tends to devolve into fascism…
  
  But, you know, It’s almost like the systems in use are irrelevant when there are generalized hostile war scenarios with huge foreign threats that might exterminate your nation state or make it implode through sabotage… And this seems to happen roughly every hundred years or so.
  
  And after the horrors of war, the general population unifies to pick up what’s left and swear they will never let anything like this happen again. But then they have kids and grandkids that are like “oh, gramps you so silly”.
  
  A basic notion of history and some critical thought shows us this has happened time and time again, the only significant contemporary difference being the existence of aerial and nuclear warfare.
  
  Empires have life cycles, and they get old. Then they get corrupt and other empires start challenging them… And then you have a big big war, and then someone wins, and then people calm down for roughly 50 years… and on and on it goes.
  
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- rottingleaf@lemmy.world ⁨19⁩ ⁨hours⁩ ago
  Is that different for non-libertarian paradise-building attempts?
  
  I swear, you guys just apparently decide nobody will ask the obvious questions, because libertarians are an allowed target.
  
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  - FauxPseudo@lemmy.world ⁨12⁩ ⁨hours⁩ ago
    You didn’t understand the assignment. Before asking questions do the required reading. You may find your questions have already been answered.
    
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  - ToastedRavioli@midwest.social ⁨17⁩ ⁨hours⁩ ago
    newrepublic.com/…/libertarian-walks-into-bear-boo…
    
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blazeknave@lemmy.world ⁨5⁩ ⁨hours⁩ ago
You mean the US?

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Etterra@discuss.online ⁨15⁩ ⁨hours⁩ ago
No. Hi build it in the ocean somewhere far, far away from the rest of us.

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- Little8Lost@lemmy.world ⁨15⁩ ⁨hours⁩ ago
  What about letting them make another cruise ship paradise?
  i mean nothing did go wrong with a bunch of crypto bros on a cruise ship
  
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  - Sturgist@lemmy.ca ⁨6⁩ ⁨hours⁩ ago
    I believe that was the joke?
    
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Pudutr0n@feddit.cl ⁨22⁩ ⁨hours⁩ ago
Me? I didn’t say anything.

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- AcidicBasicGlitch@lemm.ee ⁨22⁩ ⁨hours⁩ ago
  Well then, I guess it must have been some other Pudutr0n. You’re off the hook, for now…
  
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  - Pudutr0n@feddit.cl ⁨22⁩ ⁨hours⁩ ago
    I mean there aren’t a lot of us. Just me and the robot.
    
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technocrit@lemmy.dbzer0.com ⁨10⁩ ⁨hours⁩ ago
“”“”“”“”“”“”“”“”“”“”“”“”“”“”“”“paradise”“”“”“”“”“”“”“”“”“”“”“”“”“”“”“”

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