Crypto-Anarchists and Cryptoanarchists
The word "crypto" is Greek in origin (from kryptós) and means "hidden" or "secret." Cryptozoology is the study of hidden and rare animals, cryptography is the study of hidden or secret writings, etc. In contemporary times, the use of crypto as a prefix usually designates a secret identification. While few today would declare their allegiance to the....
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A bar in Brussels frequented by local anarchists has introduced crypto payments. Bitcoin is the money of the future, say the owners who have recently renovated the place. It is among the first such establishments in the Belgian capital to take coins for pints, they say.
Dolle Mol Bar on Rue des Éperonniers Will Take Your Crypto
The Dolle Mol café and bar in downtown Brussels, the heart of Europe, has started accepting cryptocurrencies for the beverages it offers. The famous anarchist bar on Rue des Éperonniers street has become one of the first establishments of....
As promised, we’re also covering some of the presentations that don’t have big names associated with them. Powerful ideas about Bitcoin abound in these. In stark contrast from one another, ex-government officials star in the first one, and dangerous anarchists star in the second one. We’re exaggerating, of course. Nevertheless, the point is, the ideas […]
A Reddit post started a discussion on the nature of Bitcoin. Is it "just" a digital currency and payment system, or is it more than that? Poster "StarFscker" argues that Bitcoin is the revolutionary offspring of crypto-anarchists posting to mailing lists about how cryptography will set us free. Also read: The Extropian Roots of Bitcoin. "We will be free if we don't accept rulers over our lives. We can have our privacy if we'd just go out and make it happen. We could have our security if we just used the tools we have to secure us." "The next logical step is we shed our obsolete and....
For the first two or three years, arguably Bitcoin was a toy for nerds, and some dissenters might even go to say Bitcoin is just for anarchists and liberalists. However, as more people used it, and more companies started accepting it, Venture Capitalists and Wall Street started catching on. First it was just the small seed investment round here and there, usually investments below $100,000 in USD. However, 2014 hit a record of Venture Capitalism flowing into Bitcoin when we see record investments in Bitcoin heavyweights like Xapo, BitFury, Circle, and OKCoin.
Bitcoin, theoretically and empirically, already qualifies as money. Bitcoin is not Chuck-E Cheese tokens and, despite Charlie Munger's esteemed opinion, certainly not "rat poison." Surda and Graf have the right idea on this. Bitcoin was initially valued for what it was - powerful cryptographic technology that was valued by crypto-anarchists and various individuals on the bitcointalk forum. Eventually, the specific characteristics of Bitcoins (divisibility, ease, speed, etc.) caught on to larger and larger groups of people who began buying and using Bitcoin for exchanges. And voila - now we....