[P2P-F] [Members] FW: <nettime> a political, commons-based evaluation of Bitcoin

[Michel Bauwens]

not only are they not ready to embrace it,

they are actively hoping to design it out of the online governance systems,

the reasoning seems to be: democracy doesn't work, therefore we must
abolish it and replace it with technocratic algorithms ..

Michel


On Sun, Aug 24, 2014 at 11:21 AM, parminder <parminder.js at gmail.com> wrote:

>
> Very useful article.
>
> Especially the observation, which is quite Castellsian..
>
> "Networks which have no counter-measures to maintain equality inevitably
> lead in time to a new concentration of resources."
>
> And the counter-measure to networks, as to free market (and the two do
> share some key elements, and therefore presents such a potent force that it
> has more or less overwhelmed us today), is in my view. POLITICS.
>
> Which is the reason that this self willed animal, Network, is so keen to
> annihilate politics, and replace it with a version of its own, of networked
> politics, like MSism and the such, which is no politics at all, just an
> antidote to politics, and will not be needed and disappear the day politics
> die.
>
> But the problem is that; so many who hate and resist the growing power of
> the network, are simply not ready to sufficiently embrace politics. That to
> me today is the key problem.
>
> parminder
>
>
>  On Sunday 24 August 2014 07:15 AM, michael gurstein wrote:
>
> An interesting critique of Bitcoins by our JNC colleague Michel Bauwens.
>
> M
> -----Original Message-----
> From: nettime-l-bounces at mail.kein.org
> [mailto:nettime-l-bounces at mail.kein.org <nettime-l-bounces at mail.kein.org>] On Behalf Of mp
> Sent: Friday, August 22, 2014 12:42 PM
> To: a moderated mailing list for net criticism
> Subject: <nettime> a political, commons-based evaluation of Bitcoin
>
>
> * In Conclusion
>
> Despite all the drawbacks mentioned, Bitcoin remains a landmark and pivotal
> development, showing that globally scaleable currencies are technically
> feasible. It sets the stage for potential commons-based p2p-driven currency
> systems and the Bitcoin ledger can become a tool for self-organizing
> communities.
>
>
> -------- Original Message --------
>
> Could be of interest to this community:
> http://blog.p2pfoundation.net/a-political-evaluation-of-bitcoin/2014/08/20
>
>
>
>
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