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.

Support 1DIme on Patreon at patreon.com/OneDime

Check out The Blockchain Socialist Podcast on Spotify and Apple Podcasts!

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

To get access to exclusive podcast episodes and my discord, you can support 1Dime Radio and the 1Dime channel by becoming a Patreon!

Patreon: https://www.patreon.com/OneDime

Thanks to all of my Patreon Supporters!