crypto currencies are suspended between two contradictory goals, a radical political attempt to de politicize the appearance of money and a seductive use of crypto currencies as speculative assets beyond the regulatory grasp of mone riand fiscal authorities. So that will also move us away from the physical side of currency and probably look a lot more like what an economist might call money of account. Is that? Is that hypocritical? Or is it more symptomatic of feature instead of a bug?
Episode two of our two-part series on cryptocurrency: political theorist Stefan Eich on how crypto fits into Hayek's old neoliberal dream of private money and why that vision emerged in a new form in the wake of the 2008 financial crisis.
Read Stefan's article: static1.squarespace.com/static/5ae8a7b625bf02c0b85aec02/t/5c923c13eef1a1ce843836ff/1553087508427/Stefan+Eich%2C+Old+Utopias%2C+New+Tax+Havens+%282019%29.pdf
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