The Socialist Case for Crypto (Ft. The Blockchain Socialist)

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In this episode of the 1Dime Radio Podcast, I am here with Joshua Dávila (Aka The Blockchain Socialist, who hosts The Blockchain Socialist podcast and the Blockchain Socialist blog. He also is the founder of the Breadchain co-operative, which we will talk about later. Joshua recently published a wonderful book titled “Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It,” which got the co-sign of Vitalik Buterin, the brain behind Ethereum.

In our discussion, Joshua illuminates the misconceptions often assumed by people on "The Left" with regard to cryptocurrency. He details the ways that capitalist has influenced the crypto space and proposes paths toward rectifying its course.

The discussion covers the origins and history of crypto, the politics of Bitcoin & Ethereum, misconceptions surrounding NFTs and environmental concerns, the radical potential of Decentralized Autonomous Organizations (DAOs), and various practical examples of how leftist/socialist/communist organizers can make use cryptocurrency and blockchain technology more broadly.

This comprehensive two-part chat provides deep dives into the practical applications and real-world implications of blockchain technology in fostering post-capitalist forms of organization, challenging both enthusiasts and skeptics to rethink their assumptions about crypto.

Buy Joshua's book (in Audiobook format as well): https://www.amazon.com/Blockchain-Radicals-Building-Beyond-Capitalism/dp/1914420853

The Blockchain Socialist Website/Blog (where you can read about Breachchain): https://theblockchainsocialist.com/

Link to Breadchain Cooperative

Follow Josh (The Blockchain Socialist) on Twitter/X

Follow me (1Dime) on Twitter/X

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Timestamp:

00:00 Introduction to The Guest
02:35 The Blockchain Radicals book
06:55 History & Evolution of Crypto
23:18 Environmental Impact of Crypto
31:38 Demystifying NFTs (Non-Fungible Tokens)
38:56 Blockchain for Creators
40:16 NFTs Beyond Art
41:32 Blockchain in a New Communist Internet
47:15 Decentralized Autonomous Organizations (DAOs)54:24 The Breadchain Cooperative: A Real-world Example
01:04:41 The Politics of Crypto
01:09:19 The People's Shadow Bank