“Bitcoin can’t lead on its own to a disintermediated society,” and other uncomfortable truths about BitCoin

We live in an epoch of techno-utopianism with a strong drive for techno-cracy. The former means that many believe that technology alone determines certain outcomes, while the latter believes it is a good thing that flawed human processes are replaced by ‘clean’ technological processes. Both attitudes are very dangerous. First, distributed technologies do not necessarily […]