TechFlow, June 13 — According to Dlews, during Berlin Blockchain Week 2025, a group of technologists, builders, and artists called for blockchain technology to shift toward serving the social commons rather than fueling speculation at an event titled "Funding the Commons."
Joshua Dávila, who identifies as a "maximalist socialist," and others criticized the current meme coin market—valued at over $65 billion—pointing out that 98% of tokens on the Pump.fun platform are fraudulent. They argue blockchain technology should support cooperatives, deliver humanitarian aid to sanctioned regions, and redistribute wealth.
This stance sharply contrasts with mainstream industry views. Coinbase CEO Brian Armstrong has previously criticized socialism for "harming the very people it claims to protect," while the political positions of Bitcoin and Ethereum's founders have also sparked controversy.
