-17% is not looking good for Yang, and that’s a good thing

In honor of Yang dropping by half in the latest NYC Mayoral Democratic Primary likely from his horrible response to the crimes being committed against Palestinians by the Israeli state, I’m republishing this article I originally wrote during his run in the 2020 Democratic Primary for US president to remind people that Yang not only sucks on Palestine but also on blockchain. Free Palestine!

It is the year 2023. You are climbing into your Tesla Cybertruck to drive to your local small town “entrepreneur and bitcoin enthusiast” meetup event where you will get to listen to a business seminar lead…


Due to the fragility of capitalism and the inept response by the government to help those who are economically affected by COVID-19, the United States is currently at the precipice of an eviction crisis. The CARES Act eviction moratorium expired at the end of July. Somewhat thankfully, the Centers for Disease Control and Prevention (CDC) issued an emergency order barring certain evictions through the end of the year starting on September 4th. However in between those two points in time, there was a large spike in evictions, particularly in cities without their own eviction moratorium. …


Read all about it!

It’s very rare when a socialist speaks about blockchain and even more rare when they speak of it positively so I was extremely delighted when I learned former Greek Minister of Finance, current Secretary-General of DiEM25, erratic Marxist, and bald Spock lookalike Yanis Varoufakis had come out with a new essay “Why Bitcoin is not a socialist’s ally — Reply to Ben Arc” on July 27th, 2020.

At first sight of the title it may seem that Yanis wouldn’t be so keen on blockchain but he has some well-thought opinions on bitcoin and even very positive things to say about…


This is Part 2 of 2 of The Material Evolution of Digital Currency to Crypto series. You can find Part 1 here.

The Great Recession Gave Birth to Bitcoin

In case you missed it, back in late 2007, the US subprime mortgage market collapsed and brought down with it banks around the world causing the Great Recession, the most severe economic and financial meltdown since the Great Depression. For those of us around during that time, it was a period defined by a marked increase in distrust of State and financial institutions manifested by the Occupy Wall Street protests and…


This is Part 1 of 2 of The Material Evolution of Digital Currency to Crypto series.

Whenever I speak to crypto-curious people, I like to give a little bit of the history and context that bitcoin was birthed from because I think it helps in understanding the big picture (and because I’m a dirty Marxist and I like my history materialistic). However, our story doesn’t actually start at the creation of bitcoin but actually long ago in the “before times”. That’s right, our story starts in the 19th century in the good ol’ US of A.

The Pre-Bitcoin Age /…


For this article, I was inspired by the book Marx’s Theory on the Genesis of Money: How, Why, and Through What is a Commodity Money by Samezō Kuruma from Haymarket Books.

When you think of fetishism the first thing that comes to mind is probably whatever weirdly specific sexual kink you psychologically need to get off. Like conservative commentator Ben Shapiro and his fetish for AOC feet pics. Now I’m not one to kink shame. It’s fine that Ben Shapiro is definitely into feet because it likely doesn’t harm anyone and there are plenty of others out there that likely…


If it were possible to reduce modern neoliberalism into a single person, I think Lawrence H Summers would be make the ranking of top 10 people it could be. Larry has had a long career of working with some of the most controversial figures in American politics and is of course one himself.

After an academic career, Larry worked in the staff of the Council of Economic Advisors under Ronald Reagan and then as the Chief Economist of the World Bank where he played a vital role in developing economic strategies for developing countries by giving them structured loans so…


Whether you like it or not, it’s very likely that the blockchain is coming to a future near you. As much as it is a buzzword for corporate neoliberal lizards, there’s a reason for it. That’s because their lizard brain pleasure centers have recognized how it could be used in specific ways to improve their bottom line and it’s pretty terrible.

You might be thinking, “Well yeah of course it would because crypto geeks want to create a utopian libertarian Ancap world with bitcoin which won’t work because anarcho-capitalism is a contradiction since capitalism requires a State to recognize property…


This has got to be by far the most frequently asked question by other Leftists and it’s a good question to ask. It’s also not surprising considering we know from the IPCC report that we have until 2030 to decrease our carbon emissions by half and reach net-zero by 2050. Like many of you probably, I’ve also been suffering from climate anxiety caused by the constant onslaught of news about how it’s only getting worse and how little is being done by those in power (Can we please just take all the billionaires’ money already?). It’s not surprising that when…


I’m not the first Leftist™ to analyze what crypto and blockchain could or could not mean for the future but I have to admit that there aren’t very many that have gone into much detail. Let’s take a look at two Leftists™ takes from their interviews with PRIMO NUTMEG. Also, check out his YouTube channel here.

Noam Chomsky — Starting @ 26:30 on Monetary Theory and Central Banking

TLDW: The interviewer asks Chomsky about his thoughts on cryptocurrency acknowledging how other intellectuals have pointed to central banking as a source for many ills. Chomsky admits blockchain may be useful…

The Blockchain Socialist

I blog and podcast about blockchain and the Left https://theblockchainsocialist.com

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