New Books in Science, Technology, and Society cover image

Rhea Myers, "Proof of Work: Blockchain Provocations 2011-2021" (MIT Press, 2023)

New Books in Science, Technology, and Society

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The Cultural Closure of Cryptocurrency

We are not in the anarcho capitalist post-revolutionary paradise that i describe in bad shiive we are in what's looking like another financial crisis and the state is blaming crypto for this whilst pushing regulations. The culture that is generated in these sort of concealed spaces that are part of someone's unicorn business plan continue to both trivially and profoundly redistribute wealth, he says. Even if cryptocurrency and or smart contracts and or blockchains have nothing to offer to the future of any kind of social alterity or economic organizing the technology it has produced are they ready to be seized on by a term of the next generation of people who go hang on I don't like the way things are please

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