this post was submitted on 15 Dec 2023
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Technology

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Tech Billionaires Launch Fund to Create New Libertarian Societies (www.vice.com)
submitted 11 months ago by sculd@beehaw.org to c/technology@beehaw.org
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More efforts from tech bros to build Rapture.

Interesting quotes:

it had backing from tech heavyweights such as billionaire Coinbase CEO Brian Armstrong, AngelList co-founder Naval Ravikant, and venture capitalist** Fred Wilson**, a Coinbase board member who sold his shares in the company for $1.8 billion after it went public in 2021.

“Bitcoin, if it wins, completely changes the world, because it changes the ability of centralized states to do what they’ve been doing,” Srinivisan said in a presentation delivered to a Bitcoin conference in Amsterdam in October.

The Bitcoin-based Network State will be based on “internet values” such as “open source” and “peer-to-peer,” Srinivasan has written.

An utopia run on Bitcoin? What could possibly go wrong?

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[–] sculd@beehaw.org 5 points 11 months ago (1 children)

I understand what you mean. The issue is when people use the word “libertarianism”, the mean the far right one.

Left wing libertarian nowadays usually refer themselves as anarchist.

[–] jcarax@beehaw.org 3 points 11 months ago

Then people are wrong, and we should correct them. Left wing libertarians stand in direct opposition to capitalism, and have more in common with true right wing libertarians than the extremist capitalists who are taking over the mind space of the philosophy.