Comment by mmaunder

4 years ago

Our fiat based economy is play to earn with the government that backs your favorite currency as overseer that can “ban” or penalize you. You’re required to participate to gain access to exchangeable currency. And the platform you’re using (your government and their economy) takes a cut in the form of taxes - and inflation when they’re printing money.

You get to choose to team with others in companies or other organizations, or go it alone which is much tougher.

Like Axie, if you choose to work for someone you’re using their subplatform, like Axie is a subplatform within crypto. And the organization you’re part of has rules and quite a lot of power over your future as long as you’re participating.

In a real world org you can choose to exit and liquidate any equity that you’re allowed to turn into cash. Same with Axie assets that you sell in exchange for something else - maybe a cryptocurrency.

As with Axie, there are many bullshit jobs in the real world that exist for silly reasons and can easily be automated away.

I think these bullshit jobs are bugs in real world economies and virtual economies. Sometimes they’re intentional bugs that benefit the owners or controllers of a platform or economy.

I’d caution one about conflating these anomalies with NFTs or crypto as a whole. Blockchain primitives have the potential to free the proletariat from exploitation by large corporate platforms. Creatives, for example, can own and profit from their art for centuries without an intermediary like Spotify, record companies, film studios or publishers keeping the lions share of the return. It has the potential to disintermediate banks, which is a huge deal, which you’ll know if you’ve ever worked for an investment bank or even walked through any major financial district.

Bullshit jobs abound. But these primitives Axie is playing with are not the cause. They have the potential to free us all.