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After years of studying, I believe that cryptocurrency is inherently right-wing
- MattGaiser 5y agoIt is more basic than that. Which political side views having a lack of centralized authority to be valuable, even if it leads to substantial risks?
- version_five 5y agoCryptocurrency in its current popular implementation is a fraud, there is no political affiliation. Cryptocurrency as an academic concept is a cool way of addressing the needs necessary conditions of a medium of exchange, still apolitical. Cryptocurrency as a decentralized medium is maybe some kind of libertarian (not the same as right wing) ideal, but like communism I see no evidence it would actually work that way. Calling it right wing in what I presume is the sense of American politics misunderstands both the political right and blockchain technology.
- johndoe0815 5y agoThis book is possibly related to the topic - https://www.upress.umn.edu/book-division/books/the-politics-of-bitcoin https://www.upress.umn.edu/book-division/books/the-politics-... It's on my to-read list, I didn't have a closer look so far. Anyone?
- yellow_lead 5y agoCryptocurrency is a technology. I wonder if the author can discern the political leanings of other technologies, such as the Internet, messaging apps, email, etc.
- wmf 5y agoThere are now a thousand cryptocurrencies. Why are all of them based on non-mainstream Austrian economics? Where are the Keynesian or neoliberal coins? Where are the anarcho-syndicalist coins?
- verdverm 5y ago[dupe] from 3 hours ago https://news.ycombinator.com/item?id=27837165 https://news.ycombinator.com/item?id=27837165