Bitcoin is the Digital Currency of Crypto Anarchy
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....
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The crypto industry tends to give "cypherpunk" vibes a great deal of lip service without much attention to their real values.
When discussing the philosophy behind Bitcoin, anarcho-capitalism tends to steal the spotlight. Possibly even more inspirational, however, has been the philosophy of techno-anarchism, whose practitioners believe in using high technology to advance the cause of liberty. Read on to learn how it has shaped our world, and what role techno-anarchy will play in the future with the help of the blockchain and other decentralized technologies. Techno-anarchism has existed for a long time, popularly imagined in books and movies in various (often unrealistic) forms. Traditionally more of a political....
The “price of anarchy” is inherent to systems in which individuals can act in their own interest — including the Lightning Network.