Production constraints and editorial guidelines required The Politics of Bitcoin, in both its print and electronic versions, to include only the base URLs of online materials referenced in the book, and even in the electronic version these aren’t live links. In addition, space constraints meant that some work valuable to me in composing the book […]
Typically, those of us concerned about the widespread use of encryption and anonymization technologies like Tor are depicted by crypto advocates as “anti-encryption” or “freedom haters” or “mind-murdering censors” or worse. Despite the level of detail these people can bring to technological matters, they often portray the political options as very stark: either “encryption” or […]
Bitcoin is touted, publicized and promoted as an innovation in financial technology. Usually those doing the promoting have very little experience with finance in general or with financial technology in particular–a huge, booming industry mostly made up of proprietary technologies that those of us who don’t work for major banks or trading firms know very […]
I’m happy to have a piece up at the Harvard University Press blog, entitled “Bitcoin: The Cryptopolitics of Cryptocurrencies.” It was written as a bit of an introductory piece for readers who don’t know much about Bitcoin and may have heard the news from Mt. Gox this week, so it will probably be old news […]
One of the many fascinating paradoxes about Bitcoin is that when knowledgeable economists, financial professionals and journalists write about it, because they almost always dispute its transformative power and revolutionary status, their analyses are almost uniformly greeted with shockingly abusive insults. In part this is a demonstration of the anti-democratic anti-expertise tendencies of our digital […]
Bitcoin (BTC), the much in-the-news and up-for-government-discussion cryptocurrency favored by Deep Web drug markets, libertarians, anarchists and would-be assassins everywhere, has been on a tear recently, and as of yesterday has hit an all-time high (albeit briefly) of more than USD $900 mark. It’s not hard to find—in fact it’s difficult to avoid—cyberlibertarians of all […]
Full paper (author’s pre-press version): High-Frequency Trading: Networks of Wealth and the Concentration of Power. Forthcoming in Social Semiotics. Abstract The development of High-Frequency Trading (HFT)–automated trading of stocks, as well as bonds, options, and other investment instruments–provides a signal example of the political effects of computerization on a discrete social sphere. Despite the widespread […]
The Electronic Book Review kindly published an in-depth review of The Cultural Logic of Computation (and of Mark McGurl’s The Program Era: Postwar Fiction and the Rise of Creative Writing, both Harvard UP 2009) by Brian Lennon titled “Gaming the System.” The editors of the journal ask all reviewed authors to respond; after far too […]