I feel like if you pitched this as “decolonizing crypto through cash reparations” you might mitigate a lot of the ~”Crypto is bad” comments from the average person who hears about it.
Some bitcoin maximalists portray cryptocurrency as inherently anti-colonial. I don’t personally endorse this (and neither does GLO!) but it is out there ‘in the ether’, so to speak, and it places some constraints on how we can talk about ourselves.
if we’re starting out distributing in the places that GD distributes (rural villages in Kenya, for instance), I think it’s kind of hard to see exactly how crypto/crypto companies are responsible for the colonial burden that’s been placed on such folks. So we’re not making ‘reparations’ to the affected parties, per se.
I do think we have a good case to make that we’re pushing crypto in a more socially responsible direction; that’s also why we put care into our sustainability plan.
So overall we’re still thinking about how to thread this needle.
But it is definitely an interesting/non-trivial problem!
I feel like if you pitched this as “decolonizing crypto through cash reparations” you might mitigate a lot of the ~”Crypto is bad” comments from the average person who hears about it.
So, a few thoughts about this:
Some bitcoin maximalists portray cryptocurrency as inherently anti-colonial. I don’t personally endorse this (and neither does GLO!) but it is out there ‘in the ether’, so to speak, and it places some constraints on how we can talk about ourselves.
if we’re starting out distributing in the places that GD distributes (rural villages in Kenya, for instance), I think it’s kind of hard to see exactly how crypto/crypto companies are responsible for the colonial burden that’s been placed on such folks. So we’re not making ‘reparations’ to the affected parties, per se.
I do think we have a good case to make that we’re pushing crypto in a more socially responsible direction; that’s also why we put care into our sustainability plan.
So overall we’re still thinking about how to thread this needle.
But it is definitely an interesting/non-trivial problem!