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8 years ago
p3k dots

Blockchains.

“Some of bitcoin’s critics have always seen it as the latest techy attempt to spread a ‘Californian ideology’ which promises salvation through technology-induced decentralisation while ignoring and obfuscating the realities of power—and happily concentrating vast wealth in the hands of an elite. The idea of making trust a matter of coding, rather than of democratic politics, legitimacy and accountability, is not necessarily an appealing or empowering one.”