The politics of bitcoin software as right wing extremism

Since its introduction in , Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought. The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F. Hayek, and Ludwig von Mises to Federal Reserve conspiracy theorists. Forerunners: Ideas First is a thought-in-process series of breakthrough digital publications.

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Content:

• The Politics of Bitcoin: Software as Right-Wing Extremism (Forerunners: Ideas First)
• Economy of (mis)trust: The case of bitcoin
• The Politics Of Bitcoin Software As Rightwing Extremism Forerunners Ideas First
• Stable Dematerialisations: The Dialectics of Bitcoin
• The Politics of Bitcoin
• The Politics of Bitcoin : Software as Right-Wing Extremism
• The Politics of Bitcoin: Software as Right-Wing Extremism
• David Golumbia, The Politics of Bitcoin: Software as Right-Wing Extremism
• Neo-Nazis Bet Big on Bitcoin (And Lost)

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The Politics of Bitcoin: Software as Right-Wing Extremism (Forerunners: Ideas First)

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So when we realized we could…. Since its introduction in , Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought.

The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F. Hayek, and Ludwig von Mises to Federal Reserve conspiracy theorists. Forerunners: Ideas First is a thought-in-process series of breakthrough digital publications.

Written between fresh ideas and finished books, Forerunners draws on scholarly work initiated in notable blogs, social media, conference plenaries, journal articles, and the synergy of academic exchange. This is gray literature publishing: where intense thinking, change, and speculation take place in scholarship.

Reviews from Goodreads. Sign In. Catalog Browse. By David Golumbia Since its introduction in , Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state.

Economy of (mis)trust: The case of bitcoin

David Golumbia dgolumbia joins us to discuss crypto-currencies: What a crypto-currency is, how Bitcoin is "mined," and the economic principles at play. Golumbia breaks down some of the criticisms of Bitcoin, from the contradictions embedded within it to its association with far-right politics. Could anything created by libertarians really be that good? He explains why we might want to have some centralized regulations on our currency and makes a case for a democratic economy, rather than one created by a shady hacker class.

The Politics Of Bitcoin Software As Rightwing Extremism Forerunners Ideas First

A suicide and a strange bitcoin bequest have opened a window on to the new frontier of extremist online media. On 8 December last year, a Frenchman called Laurent Bachelier gave away a total of On the same day, he killed himself. In suicide notes written in French and English, he explained that the burden of illness he suffered from a neurological pain disorder and his loss of hope for the future had led him to despair. The donations immediately attracted the attention of cybersecurity researchers, extremism watchers and law enforcement officers. A Guardian investigation can now reveal that one of the lesser-known beneficiaries is a YouTube influencer of sorts — one with a history of promoting far-right political ideology. Luke Smith, now a Florida resident, maintains a monetized YouTube channel with , subscribers. Beyond their common ground in far-right politics, each saw technology as a weapon in their war against liberal, tolerant societies. And recently, he has been promoting communications platforms that might help extremists to operate beyond the reach of censorship — and even the law. Kaczynski, a terrorist still imprisoned for a year bombing campaign that killed three and injured 23, was motivated by a hatred of the modern technological world.

Stable Dematerialisations: The Dialectics of Bitcoin

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The Politics of Bitcoin

Read more. Golumbia recently discussed his new book, Bitcoin, and the far-right political and economic philosophy that he argues the digital currency is spreading. Bitcoin is widely touted as a revolutionary development in both technology and finance. But when we read closely what Bitcoin promoters say, and when we examine how the software itself works, we find that the system is predicated on economic and political theories that directly emerge from such far-right groups as the John Birch Society and the Cato Institute. But it has been remarkably successful at spreading far-right political and economic views outside of the places they are usually found, and frequently stripped of context.

The Politics of Bitcoin : Software as Right-Wing Extremism

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The Politics of Bitcoin: Software as Right-Wing Extremism

But the threat of force may be crucial to support markets and property rights; likewise, political activities are voluntary, even communal. Regardless of how we classify them, institutions reduce the transactions costs of identifying and capturing gains from groups of humans cooperating. One version of the argument for markets goes like this: if two or more people can organize an exchange or activity, and they do so voluntarily, it must be true that all participants anticipate being subjectively benefitted. Consequently, there should be a strong presumption in favor of autonomy: the state should not interfere with the agreements made by citizens.

David Golumbia, The Politics of Bitcoin: Software as Right-Wing Extremism

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Since its introduction in , Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought. The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F. Hayek, and Ludwig von Mises to Federal Reserve conspiracy theorists. Forerunners: Ideas First is a thought-in-process series of breakthrough digital publications.

Neo-Nazis Bet Big on Bitcoin (And Lost)

Since its introduction in , Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought. The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F. Hayek, and Ludwig von Mises to Federal Reserve conspiracy theorists. Forerunners: Ideas First is a thought-in-process series of breakthrough digital publications. Written between fresh ideas and finished books, Forerunners draws on scholarly work initiated in notable blogs, social media, conference plenaries, journal articles, and the synergy of academic exchange.

Since its introduction in , Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought. The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F.