So I’ve spent a bit of time over the past few years trying to reason my way trough society breaking away from our capitalist overlords.
Let me try to summarize some of my thinking as simply as possible; you start a second economy, one founded using Blockchain technologies and algocracy, with an utter focus on human welfare and ensuring resistance to tampering and unjust accumulation of power and wealth. You siphon the global population over to this new economy effectively stifling the old economy where the totality of the 1%'s wealth resides and is therefore rendered worthless.
The above is by no means a complete summary and there are a bunch of other concepts loosely associated with this such as environmental sustainability, transhumanism, degrowth, fostering small communities etc.
I’ve written about DACs, one of the components of the above here: https://sturlabragason.github.io/blog/2023/07/04/Decentralized-Autonomous-Communities.html
Blockchain and cryptocurrencies are not synonymous 🙂. More here -> https://www.simpleshowing.com/blog/web3-vs-blockchain-vs-crypto