UN Paper: Pushing Bitcoin for Third World Issues is 'Techno Colonialism'
A new UN working paper argues that the bitcoin community has a tendency towards “techno-colonial solutionism” and “techno-libertarian evangelism” in proposing the digital currency as a solution to issues in the developing world. Authored by independent researcher and consultant Brett Scott for the United Nations Research Institute for Social Development, the paper provides a primer on the basics of bitcoin and discusses the technology’s potential applications for remittances, cooperative structures and micro-insurance systems. However, it also flags potential “points of concern and....
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