Bitcoin does not respond to an effective demand, but to an emotional desire. The internet crypto currency expresses a longing for liberation through the mediation of technology.
It grows out of a post-apocalyptic will to start all over again, in between financial crises of epic proportions, to put an end to the never-ending recession. This time, so do believers in Bitcoin maintain, the economy will be led by our tribe of techno-libertarians, and not by the vile, corrupted banksters and politicians in their employ.
Amidst the rubble of the collapsing global capitalism, there is nothing left to demand—who would listen anyway? What is your blueprint for the next monetary system? After all, Bitcoin architecture is not a given.
Let’s be frank: everything is up for grabs, including the premises of the Bitcoin project itself, which is what we intend to do here.
Via Sepp Hasslberger