Understanding Cryptocurrency (Ft. The Blockchain Socialist)

A podcast featuring The Blockchain Socialist (TBS) discussing the pros and cons of blockchain technology and misconceptions about cryptocurrency. We critique libertarian narratives about Bitcoin, banking, and Web 3 mythology. After interrogating the problems of the crypto world and addressing the problems with Bitcoin and Ethereum , TBS tells us about the ways in which cryptocurrency and blockchain technology can be used by leftist activists and the role it could play in a sociality society.  

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Blockchain Socialist on Twitter: https://twitter.com/TBSocialist

Blockchain Socialist on YouTube: https://www.youtube.com/channel/UC-1mdEL40Jsen6T8oDlXoSw

Blockchain Socialist Blog: http://theblockchainsocialist.com/

TIMESTAMP: 

1:40 What is Cryptocurrency actually?

7:30 Bitcoin vs Ethereum 

15:45 Bitcoin vs US Dollar myth

22:32 Bitcoin and the Environment

27:00 The Decentralization myth 

31:20 Cryptocurrency is not a monetary system

35:32: How the Left can Benefit from Blockchain

37:53 Crypto vs Imperialist Sanctions

48:40 Funding Leftist Orgs

59:00 Other Positive Uses of Blockchain

1:05:38 Co-operatives

1:12:32 Mutual Credit Systems

1:19:48 Blockchain Democracy

1:34:48 Blockchain in Socialism

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