A country, vador, has recently made a move to make bit coin legal tender itself. In the in the book, you talked about how bit coin is not money because it doesn't serve these important functions of being a medium of exchange and store value. So i wanted to ask you, why is bit coin more of a commodity or a speculative asset? And what do you make of those recent events in al salvador? I'll try to give the very short answer to the money part, because money is an abstract thing that is really hard to get your head around.
Paris Marx is joined by David Golumbia to discuss the ideology of cyberlibertarianism, the right-wing politics of cryptocurrencies and blockchains, and why the left shouldn’t embrace them.
David Golumbia is an associate professor at Virginia Commonwealth University and the author of “The Politics of Bitcoin: Software as Right-Wing Extremism.” He’s also writing a new book called “Cyberlibertarianism” from Minnesota University Press. Follow David on Twitter as @dgolumbia.
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Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.
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