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Financial cryptography predates the global financial crisis by about twenty years, and was born out of a desire for private, secure, and censorship-resistant tr

Financial cryptography predates the global financial crisis by about twenty years, and was born out of a desire for private, secure, and censorship-resistant transactions (in which government is not the only attacker). https://www.chaum.com/publications/Security_Wthout_Identification.html https://www.chaum.com/publications/Security_Wthout_Identific... https://www.coindesk.com/the-rise-of-the-cypherpunks https://www.coindesk.com/the-rise-of-the-cypherpunks

cromwellian 6y ago
I was very active on the cypherpunks in the 90s, and I can tell you from first hand experience and chatting with people like Hal, Nick, and Tim, that a big component of cryptocurrencies was very much the desire of right-wing economics of libertarian thought -- crypto-anarchy. The subject of nullifying the power of governments to tax was a frequent topic. And I would would not be surprised if you found the management team at Coinbase to be compromised of some Trump supporters buying into a Faustian bargain of using him to rubber stamp libertarian friendly policies. Quite a lot of SV tech-bros, especially in the investor and fintech community fall into this pattern, e.g. Peter Thiel, Palmer Lucky, etc