Listening to a recent episode of the Solarpunk Presents podcast reminded me the importance of consistently calling out cryptocurrency as a wasteful scam. The podcast hosts fail to do that, and because bad actors will continue to try to push crypto, we must condemn it with equal persistence.
Solarpunks must be skeptical of anyone saying it’s important to buy something, like a Tesla, or buy in, with cryptocurrency. Capitalists want nothing more than to co-opt radical movements, neutralizing them, to sell products.
People shilling crypto will tell you it decentralizes power. So that’s a lie, but solarpunks who believe it may be fooled into investing in this Ponzi scheme that burns more energy than some countries. Crypto will centralize power in billionaires, increasing their wealth and decreasing their accountability. That’s why Space Karen Elon Musk pushes crypto. The freer the market, the faster it devolves to monopoly. Rather than decentralizing anything, crypto would steer us toward a Bladerunner dystopia with its all-powerful Tyrell corporation.
Promoting crypto on a solarpunk podcast would be unforgivable. That’s not quite what happens on S5E1 “Let’s Talk Tech.” The hosts seem to understand crypto has no part in a solarpunk future or its prefigurative present. But they don’t come out and say that, adopting a tone of impartiality. At best, I would call this disingenuous. And it reeks of the both-sides-ism that corporate media used to paralyze climate action discourse for decades.
Crypto is not “appropriate tech,” and discussing it without any clarity is inappropriate.
Update for episode 5.3: In a case of hyper hypocrisy, they caution against accepting superficial solutions—things that appear utopian but really reinforce inequality and accelerate the climate crisis—while doing exactly that by talking up cryptocurrency.
On their Patreon, the “Solarpunk Presents” hosts admitted they interviewed crypto-and-web3 bro Stephen Reid because listeners asked for him. The hosts should have known better. They should have ignored those requests, as probably those listeners/Patreon donors are invested in crypto and are trying to shoehorn it into the conversation. The hosts should have known crypto is unnecessary for a solarpunk present or future. Instead we could be talking about real solutions like mutual aid, free stores, and library economies. The hosts failed to do the right thing.
Barring that, they should have refunded the money of Patreon donors asking for this speaker, saying that ethically they cannot platform crypto. The hosts failed to do the right thing.
They should have challenged Stephen Reid when he made fallacious arguments in favor of crypto. The hosts failed to do the right thing. After recording, the hosts should have realized their conversation wasn’t substantive and valuable. They could have refrained from uploading it or edited out the unopposed statements in favor of crypto. The hosts failed to do the right thing.
At the least they should have interjected context about those arguments, adding counterpoints and why crypto may not be the only solution or not a solution at all to any of solarpunk’s goals. The hosts failed to do the right thing.
They should have added a prelude or epilogue to the episode talking about any reservations about crypto or how the general conversation did not represent their solarpunk values. The hosts failed to do the right thing.
I have no confidence they will do the right thing in the future.