March 23rd 2021 - NFT = New Fascist Tyranny?

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(source: Wikimedia Commons)

On a day when HIVE finally does what was supposed to do, it seems a little bit inappropriate to publish the post that could interpreted as the ultimate FUD. Or, perhaps, it is best to publish such dark depressive posts on the day where most of the readers could be exposed to too damaging amounts on euphoria.

In my defence I can say that this post is derivative, mainly my attempt to point readers to an interesting article at Coindesk that, to a certain degree, deals with subjects close to me. Text under title The Aestheticization of Politics and written by Marxist media scholar Jonathan Beller, claims that the recent NFT craze might in the end serve as catalyst for Fascism entering and even becoming dominant ideology within cryptosphere. Beller bases his argument on the disturbing similarities between the modern cult of celebrity and the old cult of personality characteristic for totalitarian regimes; difference in NFT prices based on the perceived “value” of its creators or holders, on the other hand, would cement inherent inequality in future NFT-based society, in many ways creates new modern brands of Übermensch and Untermensch.

It is easy to argue that Heller might have gone too far with his argument, and that it looks very much like another manifestation of Godwin’s Law. However, history has taught us that the great misfortunes of history usually come at times and places where they are least expected. A little bit of prudence is always justified, especially in times when candles are painted green.

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