Steelmanning the argument for the utility of crypto besides speculation or resale value.
Baudrillard would call these crypto tokens pure signifier without signified. I disagree. I believe what tokens signify is hope. Undoubtedly, disenchantment has left a nihilistic void at the heart of society. Crypto, qua symbol, forms part of the re-enchantment of the world – a return to mythology. When someone invests in crypto, they receive utilons in return in the form of hope for a better future. They too, can become a multi-millionaire overnight and transform their life. Stories are important, the stories we believe in shape our quality of life. Crypto is the source of a story that helps people cope with difficult material circumstances.
Steelmanning the argument for the utility of crypto besides speculation or resale value.
Baudrillard would call these crypto tokens pure signifier without signified. I disagree. I believe what tokens signify is hope. Undoubtedly, disenchantment has left a nihilistic void at the heart of society. Crypto, qua symbol, forms part of the re-enchantment of the world – a return to mythology. When someone invests in crypto, they receive utilons in return in the form of hope for a better future. They too, can become a multi-millionaire overnight and transform their life. Stories are important, the stories we believe in shape our quality of life. Crypto is the source of a story that helps people cope with difficult material circumstances.