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# Web3 is a Libertarian Dystopia
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A critical video essay on the web3 ideology and culture done by anti-MLM and cultural critic munecat.
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A comedic critical video essay on the web3 ideology and culture done by anti-MLM and cultural critic [münecat](https://www.youtube.com/channel/UCqNpjt_UcMPgm_9gphZgHYA).
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https://www.youtube.com/watch?v=u-sNSjS8cq0
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@ -28,20 +28,354 @@ From the video description on YouTube.
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# Excerpts
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### Intro
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### NFTs
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**Concepts Referenced**:
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* [nft](../concepts/nft.md)
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* [art](../concepts/art.md)
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* [illicit-financing](../concepts/illicit-financing.md)
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* [money-laundering](../concepts/money-laundering.md)
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* [aml](../concepts/aml.md)
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* [mlm](../concepts/mlm.md)
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* [whale](../concepts/whale.md)
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* [market-manipulation](../concepts/market-manipulation.md)
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* [bond](bond.md)
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**Sources**
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* Olson, Dan. 2022. Line Goes Up – The Problem With NFTs. https://www.youtube.com/watch?v=YQ_xWvX1n9g.
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* Beeple collage smashes digital art record with $69.3m sale
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- https://www.ft.com/content/2f28eac6-547a-43f2-b7d3-593da9f46a3d
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* Metakovan, the mystery Beeple art buyer, and his NFT/DeFi scheme
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- https://amycastor.com/2021/03/14/metakovan-the-mystery-beeple-art-buyer-and-his-nft-defi-scheme/
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***
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### Gary Vee's NFTs
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**Concepts Referenced**:
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* [asymmetric-information](../concepts/asymmetric-information.md)
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* [cartel](../concepts/cartel.md)
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* [bandwagon-bias](../concepts/bandwagon-bias.md)
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* [survivorship-bias](../concepts/survivorship-bias.md)
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* [wash-trading](../concepts/wash-trading.md)
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* [pyramid-scheme](../concepts/pyramid-scheme.md)
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**Sources**
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* Olson, Dan. 2022. The Problem With NFTs. https://www.youtube.com/watch?v=YQ_xWvX1n9g.
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* Tonelli, Emily. 2022. ‘Internet Guru Tim O’Reilly: Crypto and NFTs Are “Pretty Serious Speculative Bubble”’. Decrypt. 10 February 2022. https://decrypt.co/92676/internet-guru-tim-oreilly-crypto-nfts-serious-speculative-bubble.
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* Bodó, Balázs, Alexandra Giannopoulou, João Quintais, and Péter Mezei. 2022. ‘The Rise of NFTs: These Aren’t the Droids You’re Looking For’. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4000423.
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* Çağlayan Aksoy, Pınar, and Zehra Özkan Üner. 2021. ‘NFTs and Copyright: Challenges and Opportunities’. Journal of Intellectual Property Law & Practice 16 (10): 1115–26. https://doi.org/10.1093/jiplp/jpab104.
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***
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### Celebrity NFTs
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**Concepts Referenced**:
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* [ficticious-commodity](../concepts/ficticious-commodity.md)
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* [bubble](../concepts/bubble.md)
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* [greater-fool-theory](../concepts/greater-fool-theory.md)
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**Sources**
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* Diehl, Stephen. 2021. ‘The Tinkerbell Griftopia’. 19 November 2021. https://www.stephendiehl.com/blog/tinkerbell.html.
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* Frye, Brian L. 2021. ‘After Copyright: Pwning NFTs in a Clout Economy’. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3971240.
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* Guadamuz, Andres. 2021. ‘The Treachery of Images: Non-Fungible Tokens and Copyright’. SSRN Electronic Journal 16 (12): 1367–85. https://doi.org/10.2139/ssrn.3905452.
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* Kim, Soyeon. 2020. ‘Fractional Ownership, Democratization, and Bubble Formation - The Impact of Blockchain Enabled Asset Tokenization’. 26th Americas Conference on Information Systems, AMCIS 2020, 0–5. https://aisel.aisnet.org/amcis2020/adv_info_systems_research/adv_info_systems_research/19/.
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***
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### Play-to-earn NFTs
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**Concepts Referenced**:
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* [predatory-inclusion](../concepts/predatory-inclusion.md)
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* [non-economic](../concepts/non-economic.md)
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* [pyramid-scheme](../concepts/pyramid-scheme.md)
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* [use-value](../concepts/use-value.md)
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**Sources**
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* Graeber, David. 2019. ‘Bullshit Jobs: The Rise of Pointless Work, and What We Can Do about It’.
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* Butler, Paul. n.d. ‘“Play-to-Earn” and Bullshit Jobs’. Accessed 2 March 2022. https://paulbutler.org/2021/play-to-earn-and-bullshit-jobs/.
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* Dowling, Michael. 2022. ‘Is Non-Fungible Token Pricing Driven by Cryptocurrencies?’ Finance Research Letters 44: 102097.
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* Zitron, Ed. 2022. ‘The Infinite Exploitation Of Cryptocurrency’. Substack. Where’s Your Ed At (blog). 30 March 2022. https://ez.substack.com/p/the-infinite-exploitation-of-cryptocurrency?s=r.
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***
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### NFT marketing works exactly like MLMs
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**Concepts Referenced**:
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* [mlm](../concepts/mlm.md)
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* [financial-nihilism](../concepts/financial-nihilism.md)
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* [ponzi-scheme](../concepts/ponzi-scheme.md)
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* [ponzinomics](../concepts/ponzinomics.md)
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* [survivorship-bias](../concepts/survivorship-bias.md)
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* [wash-trading](../concepts/wash-trading.md)
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**Sources**
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* Mims, Christopher. n.d. ‘NFTs, Cryptocurrencies and Web3 Are Multilevel Marketing Schemes for a New Generation’. Accessed 14 March 2022. https://www.wsj.com/articles/nfts-cryptocurrencies-and-web3-are-multilevel-marketing-schemes-for-a-new-generation-11645246824.
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***
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### Influencers and Poocoins, Securities Fraud
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**Concepts Referenced**:
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* [liquidity-pool](../concepts/liquidity-pool.md)
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* [crypto-exchange](../concepts/crypto-exchange.md)
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* [risk](../concepts/risk.md)
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* [ico](../concepts/ico.md)
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* [security](../concepts/security.md)
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* [ponzi-scheme](../concepts/ponzi-scheme.md)
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* [moral-hazard](../concepts/moral-hazard.md)
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* [regulatory-capture](../concepts/regulatory-capture.md)
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* [blockchain](../concepts/blockchain.md)
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**Sources**
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* Azgad-Tromer, Shlomit. 2018. ‘Crypto Securities: On the Risks of Investments in Blockchain-Based Assets and the Dilemmas of Securities Regulation’. Am. UL Rev. 68: 69.
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* Boreiko, Dmitri, Guido Ferrarini, and Paolo Giudici. 2019. ‘Blockchain Startups and Prospectus Regulation’. European Business Organization Law Review 20 (4): 665–94. https://doi.org/10.1007/s40804-019-00168-6.
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* Cumming, Douglas J., Sofia Johan, and Anshum Pant. 2019. ‘Regulation of the Crypto-Economy: Managing Risks, Challenges, and Regulatory Uncertainty’. Journal of Risk and Financial Management 12 (3): 126. https://doi.org/10.3390/jrfm12030126.
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* Debler, Julianna. 2018. ‘Foreign Initial Coin Offering Issuers Beware: The Securities and Exchange Commission Is Watching’. Cornell Int’l LJ 51: 245.
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* Ferrari, Valeria. 2020. ‘The Regulation of Crypto-Assets in the EU – Investment and Payment Tokens under the Radar’. Maastricht Journal of European and Comparative Law 27 (3): 325–42. https://doi.org/10.1177/1023263X20911538.
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* Securities, US, Exchange Commission, and others. 2017. ‘SEC Issues Investigative Report Concluding DAO Tokens, a Digital Asset, Were Securities’. US Securities and Exchange Commission 25: 2017–2131.
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***
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### Cryptoland
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**Concepts Referenced**:
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* [post-state-technocracy](post-state-technocracy.md)
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* [libertarianism](../concepts/libertarianism.md)
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* [capitalism](../concepts/capitalism.md)
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* [high-control-group](../concepts/high-control-group.md)
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* [thought-terminating-cliches](../concepts/thought-terminating-cliches.md)
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* [is-weird-culture](../claims/is-weird-culture.md)
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* [regulatory-arbitrage](../concepts/regulatory-arbitrage.md)
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**Sources**
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* Kelly, Jemima. 2022. ‘Cryptoland: A Glimpse into the Future We All Deserve’. Financial Times, 7 January 2022. https://www.ft.com/content/c79ea41b-41c0-4900-90ee-6e6347449610.
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* Eich, Stefan. 2019. ‘Old Utopias, New Tax Havens: The Politics of Bitcoin in Historical Perspective’. Regulating Blockchain: Techno-Social and Legal Challenges, 85–98.
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* Allon, Fiona. 2018. ‘Money after Blockchain: Gold, Decentralised Politics and the New Libertarianism’. Australian Feminist Studies 33 (96): 223–43. https://doi.org/10.1080/08164649.2018.1517245.
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* Beltramini, Enrico. 2021. ‘Against Technocratic Authoritarianism. A Short Intellectual History of the Cypherpunk Movement’. Internet Histories 5 (2): 101–18. https://doi.org/10.1080/24701475.2020.1731249.
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* Brody, Ann, and Stéphane Couture. 2021. ‘Ideologies and Imaginaries in Blockchain Communities: The Case of Ethereum’. Canadian Journal of Communication 46 (3). https://doi.org/10.22230/cjc.2021v46n3a3701.
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* Golumbia, David. 2013. ‘Cyberlibertarianism: The Extremist Foundations of “Digital Freedom.”’ Clemson University Department of English.
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* Inwood, Olivia, and Michele Zappavigna. 2021. ‘Ideology, Attitudinal Positioning, and the Blockchain: A Social Semiotic Approach to Understanding the Values Construed in the Whitepapers of Blockchain Start-Ups’. Social Semiotics, 1–19. https://doi.org/10.1080/10350330.2021.1877995.
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***
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### Web3 vs Web3
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**Concepts Referenced**:
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* [fiat-money](../concepts/fiat-money.md)
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* [is-new-financial-system](../claims/is-new-financial-system.md)
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* [is-hedge-inflation](../claims/is-hedge-inflation.md)
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* [crypto-exchange](../concepts/crypto-exchange.md)
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**Sources**
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* Marx, Paris. n.d. ‘Why Web3, the Blockchain and Crypto Internet, Is Doomed to Fail’. Accessed 29 March 2022. https://www.businessinsider.com/web3-blockchain-crypto-internet-doomed-fail-doesnt-live-up-hype-2022-3?r=US&IR=T.
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***
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### Banking the Unbanked
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**Concepts Referenced**:
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* [unbanked](../concepts/unbanked.md)
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* [predatory-inclusion](../concepts/predatory-inclusion.md)
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* [rtgs](../concepts/rtgs.md)
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* [private-money](../concepts/private-money.md)
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* [is-private-money](../claims/is-private-money.md)
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* [is-environmental-footprint](../claims/is-environmental-footprint.md)
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* [bitcoin](../concepts/bitcoin.md)
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* [illicit-financing](../concepts/illicit-financing.md)
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**Sources**
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* Debate: Crypto Can Bank the Unbanked
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- https://intelligencesquared.com/events/debate-crypto-can-bank-the-unbanked/
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* Gürses, Seda, Arun Kundnani, and Joris Van Hoboken. 2016. ‘Crypto and Empire: The Contradictions of Counter-Surveillance Advocacy’. Media, Culture and Society 38 (4): 576–90. https://doi.org/10.1177/0163443716643006.
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* Jutel, Olivier. 2022. ‘Blockchain Humanitarianism and Crypto-Colonialism’. Cell Press Open Access, Patterns, 3 (1): 8. https://doi.org/10.1016/j.patter.2021.100422.
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* Ottenhof, Luke. 2021. ‘Crypto-Colonialists Use the Most Vulnerable People in the World as Guinea Pigs’. VICE Media.
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* Crandall, Jillian. 2019. ‘Cryptoeconomic Geographies and Contestation in Puerto Rico’. Thesis. PhD Thesis. http://jilliancrandall.net/cryptoeconomic-geographies-and-contestation-in-pr/.
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* Greeley, Brendan. 2019. ‘Facebook’s Libra Will Not Help the Unbanked’. Financial Times 18.
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* Kapsis, Ilias. 2021. ‘Should We Trade Market Stability for More Financial Inclusion? The Case of Crypto-Assets Regulation in EU’. FinTech, Artificial Intelligence and the Law: Regulation and Crime Prevention, 85–104. https://doi.org/10.4324/9781003020998-9.
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* Sen, Atreyee, Johan Lindquist, and Marie Kolling. 2020. Who’s Cashing in? Contemporary Perspectives on New Monies and Global Cashlessness. Vol. 19. Berghahn Books.
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***
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### Is it secure?
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**Concepts Referenced**:
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* [private-key](../concepts/private-key.md)
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* [wallet](../concepts/wallet.md)
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* [platform-risk](../concepts/platform-risk.md)
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* [money-laundering](../concepts/money-laundering.md)
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* [money-services-business](../concepts/money-services-business.md)
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* [mixer](../concepts/mixer.md)
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* [ransomware](../concepts/ransomware.md)
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* [pseudonymous](../concepts/pseudonymous.md)
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* [kyc](../concepts/kyc.md)
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**Sources**
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* Plant, Luke. 2022. ‘The Technological Case against Bitcoin and Blockchain’. Luke Plant’s Home Page. 5 March 2022. https://lukeplant.me.uk/blog/posts/the-technological-case-against-bitcoin-and-blockchain/.
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* Rosenthal, David. n.d. ‘Stanford Lecture on Cryptocurrency’. Accessed 2 March 2022. https://blog.dshr.org/2022/02/ee380-talk.html.
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* Schneier, Bruce. 2019. ‘There’s No Good Reason to Trust Blockchain Technology’. Wired Magazine. https://www.wired.com/story/theres-no-good-reason-to-trust-blockchain-technology/.
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* Diehl, Stephen. 2021. ‘The Non-Innovation of Cryptocurrency’. 7 July 2021. https://www.stephendiehl.com/blog/non-innovation.html.
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* Weaver, Nicholas. 2018a. ‘Risks of Cryptocurrencies’. Communications of the ACM 61 (6): 20–24.
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* ———. 2018b. Blockchains and Cryptocurrencies: Burn It With Fire. Berkeley School of Information. https://www.youtube.com/watch?v=xCHab0dNnj4.
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* ———. 2021. ‘The Web3 Fraud’. USENIX. 16 December 2021. https://www.usenix.org/publications/loginonline/web3-fraud.
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***
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### Sending money internationally?
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**Concepts Referenced**:
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* [regulatory-arbitrage](../concepts/regulatory-arbitrage.md)
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* [sanctions-enforcement](../concepts/sanctions-enforcement.md)
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* [is-better-payments](../claims/is-better-payments.md)
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* [is-transnational-payment](../claims/is-transnational-payment.md)
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* [bearer-instrument](../concepts/bearer-instrument.md)
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**Sources**
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* Cembalest, Michael. 2022. ‘The Maltese Falcoin: On Cryptocurrencies and Blockchains’. https://privatebank.jpmorgan.com/content/dam/jpm-wm-aem/global/pb/en/insights/eye-on-the-market/the-maltese-falcoin.pdf.
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* Scheck, Justin, and Shane Shifflett. 2018. ‘How Dirty Money Disappears into the Black Hole of Cryptocurrency’. Wall Street Journal 28.
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* Buttigieg, Christopher P., Christos Efthymiopoulos, Abigail Attard, and Samantha Cuyle. 2019. ‘Anti-Money Laundering Regulation of Crypto Assets in Europe’s Smallest Member State’. Law and Financial Markets Review 13 (4): 211–27. https://doi.org/10.1080/17521440.2019.1663996.
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* Fanusie, Yaya, and Tom Robinson. 2018. ‘Bitcoin Laundering: An Analysis of Illicit Flows into Digital Currency Services’. Center on Sanctions and Illicit Finance Memorandum, January.
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* Fletcher, Emily, Charles Larkin, and Shaen Corbet. 2021. ‘Countering Money Laundering and Terrorist Financing: A Case for Bitcoin Regulation’. Research in International Business and Finance 56 (January): 101387. https://doi.org/10.1016/j.ribaf.2021.101387.
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* Orcutt, Mike. 2020. ‘This Is How North Korea Uses Cutting-Edge Crypto Money Laundering to Steal Millions’. MIT Technology Review. MIT Technology Review. http://www.technologyreview.com/2020/03/05/916688/north-korean-hackers-cryptocurrency-money-laundering/.
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***
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### bUt tHe FeD pRiNtS mOnEy
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**Concepts Referenced**:
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* [deflationary](../concepts/deflationary.md)
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* [is-hedge-debasement](../claims/is-hedge-debasement.md)
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* [stablecoin](../concepts/stablecoin.md)
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* [commercial-paper](../concepts/commercial-paper.md)
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* [ponzi-scheme](../concepts/ponzi-scheme.md)
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* [libertarianism](../concepts/libertarianism.md)
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* [decentralization](../concepts/decentralization.md)
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* [mining](../concepts/mining.md)
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* [consensus-algorithm](../concepts/consensus-algorithm.md)
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* [market-manipulation](../concepts/market-manipulation.md)
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* [central-banks](../concepts/central-banks.md)
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* [recentralization](../concepts/recentralization.md)
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* [platform-risk](../concepts/platform-risk.md)
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* [gold-standard](../concepts/gold-standard.md)
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* [bank](../concepts/bank.md)
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* [deposit](../concepts/deposit.md)
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* [ethereum](../concepts/ethereum.md)
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* [proof-of-stake](../concepts/proof-of-stake.md)
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|
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**Sources**
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||||
* Corradi, Fiammetta, and Philipp Höfner. 2018. ‘The Disenchantment of Bitcoin: Unveiling the Myth of a Digital Currency’. International Review of Sociology 28 (1): 193–207. https://doi.org/10.1080/03906701.2018.1430067.
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* Stolfi, Jorge. n.d. ‘Bitcoin Is a Ponzi’. Accessed 19 March 2022. https://ic.unicamp.br/~stolfi/bitcoin/2020-12-31-bitcoin-ponzi.html.
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* ‘Why Bitcoin Is Worse than a Madoff-Style Ponzi Scheme’. n.d. Accessed 20 March 2022. https://www.ft.com/content/83a14261-598d-4601-87fc-5dde528b33d0.
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* Binder, Carola. 2021. ‘Technopopulism and Central Banks’. SSRN Electronic Journal. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3823456.
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* Braun, Benjamin, and Daniela Gabor. 2019. ‘Central Banking, Shadow Banking, and Infrastructural Power’. https://doi.org/10.31235/osf.io/nf9ms.
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* Malloy, Matthew, and David Lowe. 2021. ‘Global Stablecoins: Monetary Policy Implementation Considerations from the U.S. Perspective’. Finance and Economics Discussion Series 2021 (020): 1–14. https://doi.org/10.17016/feds.2021.020.
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* Roche, Cullen O. 2011. ‘Understanding the Modern Monetary System’. http://ssrn.com/paper=1905625.
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* Eich, Stefan. 2018. ‘The Currency of Politics’. The Political Theory of Money from Aristotle to Keynes.
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* Gorton, Gary B., and Jeffery Zhang. 2021. ‘Taming Wildcat Stablecoins’. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3888752.
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* Hockett, Robert C. 2019. ‘Money’s Past Is Fintech’s Future: Wildcat Crypto, the Digital Dollar, and Citizen Central Banking’.
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* ‘Private Money vs Totally-Public Money, plus Some History | Financial Times’. n.d. Accessed 20 March 2022. https://www.ft.com/content/40592d6d-5a32-3606-a54f-cdc411e90c20.
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* Steele, Graham. 2021. ‘The Miner of Last Resort: Digital Currency, Shadow Money and the Role of the Central Bank’. Technology and Government, Emerald Studies in Media and Communications, Forthcoming.
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|
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***
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### The Superbowl Crypto ads & the "Early days" argument
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|
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**Concepts Referenced**:
|
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* [risk](../concepts/risk.md)
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* [is-new-internet](../claims/is-new-internet.md)
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* [mining](../concepts/mining.md)
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* [ethereum](../concepts/ethereum.md)
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* [pre-mine](../concepts/pre-mine.md)
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* [security](../concepts/security.md)
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* vapourware
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* [techno-obscurantism](../concepts/techno-obscurantism.md)
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* [exit-scam](../concepts/exit-scam.md)
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**Sources**
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* White, Molly. 2022. ‘It’s Not Still the Early Days’. Molly White. 14 January 2022. https://blog.mollywhite.net/its-not-still-the-early-days/.
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***
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### BItcoin: The Gold Standard & Right-Wing Extremism
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|
||||
**Concepts Referenced**:
|
||||
* [gold-standard](../concepts/gold-standard.md)
|
||||
* [is-digital-gold](../claims/is-digital-gold.md)
|
||||
* [bubble](../concepts/bubble.md)
|
||||
* [bank-run](../concepts/bank-run.md)
|
||||
* [deflationary](../concepts/deflationary.md)
|
||||
* [bretton-woods](../concepts/bretton-woods.md)
|
||||
* [keynsian-economics](../concepts/keynsian-economics.md)
|
||||
* [security](../concepts/security.md)
|
||||
* [deposit-insurance](../concepts/deposit-insurance.md)
|
||||
* [market-fundamentalism](market-fundamentalism.md)
|
||||
* [is-hedge-inflation](../claims/is-hedge-inflation.md)
|
||||
* [inflationary](../concepts/inflationary.md)
|
||||
* [high-control-group](../concepts/high-control-group.md)
|
||||
* [libertarianism](../concepts/libertarianism.md)
|
||||
* [technolibertarianism](../concepts/technolibertarianism.md)
|
||||
* [sound-money](../concepts/sound-money.md)
|
||||
* [austrian-economics](../concepts/austrian-economics.md)
|
||||
* [money](../concepts/money.md)
|
||||
|
||||
**Sources**
|
||||
* Hanley, Brian P. 2018. ‘The False Premises and Promises of Bitcoin’. ArXiv:1312.2048 [Cs, q-Fin], July. http://arxiv.org/abs/1312.2048.
|
||||
* Wolf, Martin. 2019. ‘The Libertarian Fantasies of Cryptocurrencies’. Financial Times, February. https://www.ft.com/content/eeeacd7c-2e0e-11e9-ba00-0251022932c8.
|
||||
* Allon, Fiona. 2018. ‘Money after Blockchain: Gold, Decentralised Politics and the New Libertarianism’. Australian Feminist Studies 33 (96): 223–43. https://doi.org/10.1080/08164649.2018.1517245.
|
||||
* Bemanke, Ben, and Harold James. 1991. ‘The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison’. In Financial Markets and Financial Crises, 33–68. University of Chicago Press. https://www.nber.org/books-and-chapters/financial-markets-and-financial-crises/gold-standard-deflation-and-financial-crisis-great-depression-international-comparison.
|
||||
* Bernanke, Ben S. 2004. Essays on the Great Depression. Princeton University Press.
|
||||
* Plender, John. 2022. ‘Crypto vs Gold: The Search for an Investment Bolt Hole’. Financial Times, 1 April 2022. https://www.ft.com/content/d497772f-7422-4372-b72d-f74f96884466.
|
||||
* Brody, Ann, and Stéphane Couture. 2021. ‘Ideologies and Imaginaries in Blockchain Communities: The Case of Ethereum’. Canadian Journal of Communication 46 (3). https://doi.org/10.22230/cjc.2021v46n3a3701.
|
||||
* Gerard, David. n.d. ‘Neo-Nazis Bet Big on Bitcoin (And Lost)’. Accessed 3 March 2022. https://foreignpolicy.com/2019/03/19/neo-nazis-banked-on-bitcoin-cryptocurrency-farright-christchurch/.
|
||||
* Golumbia, David. 2013a. ‘Cyberlibertarianism: The Extremist Foundations of “Digital Freedom.”’ Clemson University Department of English.
|
||||
* ———. 2013b. ‘Cyberlibertarians’ Digital Deletion of the Left: Technological Innovation Does Not Inherently Promote the Left’s Goals’. Retrieved 2 (10): 2014.
|
||||
* ———. 2015. ‘Bitcoin as Politics: Distributed Right-Wing Extremism’. MoneyLab Reader: An Intervention in Digital Economy, Amsterdam: Institute of Network Cultures.
|
||||
* ———. 2016. The Politics of Bitcoin: Software as Right-Wing Extremism. University of Minnesota Press.
|
||||
* ———. 2018. ‘Zealots of the Blockchain: The True Believers of the Bitcoin Cult’. The Baffler, no. 38: 102–11.
|
||||
* Hayden, Micahel, and Megan Squire. n.d. ‘How Cryptocurrency Revolutionized the White Supremacist Movement’. Souther Poverty Law Center. Accessed 3 March 2022. https://www.splcenter.org/hatewatch/2021/12/09/how-cryptocurrency-revolutionized-white-supremacist-movement.
|
||||
* Husain, Syed Omer, Alex Franklin, and Dirk Roep. 2020. ‘The Political Imaginaries of Blockchain Projects: Discerning the Expressions of an Emerging Ecosystem’. Sustainability Science 15 (2): 379–94. https://doi.org/10.1007/s11625-020-00786-x.
|
||||
|
||||
***
|
||||
|
||||
### Ethereum: Peter Thiel wants your data to build a Libertarian utopia
|
||||
### Is this a bubble?
|
||||
|
||||
**Concepts Referenced**:
|
||||
* [technolibertarianism](../concepts/technolibertarianism.md)
|
||||
* [is-hedge-inflation](../claims/is-hedge-inflation.md)
|
||||
* [gambling](../concepts/gambling.md)
|
||||
* [private-money](../concepts/private-money.md)
|
||||
* [is-private-money](../claims/is-private-money.md)
|
||||
* [recentralization](../concepts/recentralization.md)
|
||||
* [ethereum](../concepts/ethereum.md)
|
||||
* [post-state-technocracy](post-state-technocracy.md)
|
||||
* [is-disrupt-hegemony](../claims/is-disrupt-hegemony.md)
|
||||
* [blockchain](../concepts/blockchain.md)
|
||||
* [market-fundamentalism](market-fundamentalism.md)
|
||||
* [dao](../concepts/dao.md)
|
||||
* [accelerationism](../concepts/accelerationism.md)
|
||||
* [is-hyperfinancialization](../claims/is-hyperfinancialization.md)
|
||||
|
||||
**Sources**
|
||||
* Groos, Jan. 2021. ‘Crypto Politics: Notes on Sociotechnical Imaginaries of Governance in Blockchain Based Technologies’. In Data Loam, 1:148–70. https://doi.org/10.1515/9783110697841-009.
|
||||
* The Economist. 2022. ‘The Charm of Cryptocurrencies for White Supremacists’, 5 February 2022. https://www.economist.com/united-states/2022/02/05/the-charm-of-cryptocurrencies-for-white-supremacists.
|
||||
|
||||
***
|
||||
|
||||
### Is this a bubble?
|
||||
|
||||
**Concepts Referenced**:
|
||||
* [bubble](../concepts/bubble.md)
|
||||
* [exit-scam](../concepts/exit-scam.md)
|
||||
* [techno-collectivism](../concepts/techno-collectivism.md)
|
||||
* [capitalism](../concepts/capitalism.md)
|
||||
* [is-predatory](../claims/is-predatory.md)
|
||||
* [anarchocapitalism](../concepts/anarchocapitalism.md)
|
||||
|
||||
**Sources**
|
||||
* Nolan, Hamilton. n.d. ‘The Ticking Bomb of Crypto Fascism - In These Times’. Accessed 21 March 2022. https://inthesetimes.com/article/the-ticking-bomb-of-crypto-fascism.
|
||||
* Tante. 2021. ‘The Third Web’. Nodes in a Social Network (blog). 17 December 2021. https://tante.cc/2021/12/17/the-third-web/.
|
||||
* Varoufakis, Yanis. 2022. ‘Yanis Varoufakis on Crypto, the Left, and Techno-Feudalism’. DiEM25 (blog). 27 January 2022. [https://diem25.org/yanis-varoufakis-crypto-the-left-and-techno-feudalism/](https://diem25.org/yanis-varoufakis-crypto-the-left-and-techno-feudalism/) .[↩](https://www.stephendiehl.com/blog/complete.html#fnref11)
|
||||
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Reference in New Issue