David Frum says he was surprised to see a resurgence of conspiracy theories about the economy. The main stream people in wall street just consider this stuff to be beyond the pale, but that doesn't stop some from taking it seriously. He argues there is an analogy between bit coin and gold - even though they are two very different things. And what does block chain actually do? That's one thing i've been trying to figure out for myself.
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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