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Bitcoin was once viewed as a means to opt out of violent, legacy financial systems. Now, it is being co-opted by the very same, and zealous newcomers to crypto think that’s a good thing, while still giving lip service to peer-to-peer values. Ignoring the problems with fiat money, they beg political interests and bad actors […]Powered by WPeMatico
No privacy. No property. No prosperity. If you follow the news, you’ve seen the trend — putting legal limits on cash transactions, the emergence of surveillance-oriented, central bank digital currencies (CBDCs), and more recently, crypto mixing platform Tornado Cash being sanctioned by the United States Treasury. There is a new wave of propaganda increasingly demonizing […]Powered by WPeMatico
When Satoshi Nakamoto released the Bitcoin white paper in October 2008, it likely wasn’t with the idea that governments and central banks needed to recognize, adopt, and regulate Bitcoin for everyone’s benefit. To the contrary, if anything can be taken away from that document and the message encoded in the genesis block, it’s that centralized […]Powered by WPeMatico
Here are a few points about why “cyberspace,” or a computer-mediated network, is more hospitable than physical locations for the kind of “crypto-anarchy” libertarian system I’ve been describing. Several folks have commented recently about ocean-going libertarian havens, supertankers used as data havens, and so forth. In the 1970s, especially, there were several unsuccessful attempts to […]
The post Timothy C. May: Libertaria in Cyberspace appeared first on Bitcoin News.
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Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal oneself to the world. If two parties have […]
The post Eric Hughes: A Cypherpunk’s Manifesto appeared first on Bitcoin News.
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Satoshi Nakamoto has been an enigma for well over a decade and there’s been a number of suspects and self-styled Bitcoin inventors. One particular suspect is the computer engineer Wei Dai, the creator of the b-money system and the Crypto++ cryptographic library. Since the Bitcoin network was launched in 2009, a number of people have […]
The post The Many Facts Pointing to Wei Dai Being Satoshi appeared first on Bitcoin News.
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The Cypherpunk Bitstream podcast is a relatively new program that’s just released its fourth episode. The hosts, known as Frank Braun and The Real Smuggler, are so-called ‘privacy extremists’ and dyed-in-the-wool crypto-anarchists concerned with exposing cypherpunk ethos to a wider audience. Braun and Smuggler took time out recently to discuss their journeys to crypto-anarchy, the […]
The post Cypherpunk Bitstream Hosts Share Importance of Payments, Dropgangs, and ‘Meatspace’ Allies appeared first on Bitcoin News.
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A specter is haunting the modern world, the specter of crypto anarchy. Computer technology is on the verge of providing the ability for individuals and groups to communicate and interact with each other in a totally anonymous manner. Two persons may exchange messages, conduct business, and negotiate electronic contracts without ever knowing the True Name, […]
The post The Crypto Anarchist Manifesto appeared first on Bitcoin News.
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Some tin-foil hat conspiracy theorists believe government devised and built bitcoin as weaponized money to enslave the people. They think Big Brother made the technology to subjugate everyone, and that politicians are somehow benefiting from the technology. In an odd twist of logic, these people believe bitcoin represents a state-sponsored tool for control. Also read: Regulations […]
The post Weaponized Money: Thoughts on the Creation and Control of Bitcoin appeared first on Bitcoin News.
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The hype surrounding blockchain and cryptocurrency has simmered to a dull roar. Last December, the markets spiked as traders drooled over the thought of lining their pockets. They believed they would be billionaires. They had erotic dreams of lambos, mansions, hookers and blow. Many of them embraced a get-rich-quick, shit-brained mentality. They put speculation over […]
The post The Death of Hype, Amara’s Law and the Crypto-Anarchist Dream appeared first on Bitcoin News.
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