Is Bitcoin a Religion?
A recent article by Filip Martinka delivers a damning characterization of the cryptocurrency world: we are a bunch of cultists, acting against our self-interest, religiously promoting something and trying to draw others into it as a means to expand its influence. The article takes the typical characteristics of a cult and breaks them down alongside the characteristics of Bitcoiners. Here are some of the things that, according to Martinka, make us cultists: The group is preoccupied with bringing in new members. The group is preoccupied with making money. The group has a polarized....
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Rituals, terminology and evangelism — there are many aspects of the culture surrounding Bitcoin that resemble religion.
The crypto industry bears all the hallmarks of religion: the mysterious identity of bitcoin’s founder Satoshi Nakamoto has elevated him to the status of a spiritual force. The influence of spirituality or faith has been present since the genesis block of Bitcoin in 2009. It is not a new concept that has come out of thin air but the level of influence of religions is now evolving into something new, changing the blockchain and crypto sector. With so many developments taking place in this space, the ”religion factor” is heavily influencing various projects. In fact, many projects are....
Shark Tank star and the Dallas Mavericks’ owner, billionaire Mark Cuban has shared his updated view on bitcoin after the price of the cryptocurrency hit all-time highs. He compared bitcoin to gold but believes that bitcoin is not a solution to any problem as countries will take steps to protect their currencies. Mark Cuban Says Bitcoin Is More Like Religion While the price of bitcoin repeatedly hit all-time highs last week, American billionaire, Shark Tank star, and the Dallas Mavericks owner Mark Cuban is still skeptical about the cryptocurrency. He was quoted by Forbes in an....
This essay will attempt to answer a question often discussed yet semantically challenging.
Throughout recorded history, religion and power have been inexorably linked. But Bitcoin now offers a beacon of hope.