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Much soul, very emotion: Why I buy into the cult of Dogecoin

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Please note: This piece was originally commissioned by the magazine  MCD , and will be appearing in French in their December edition. I use Dogecoin because I’m emotionally drawn to the dog. Unlike the distant, fossil-like Queen on the Pound banknote, the Shiba Inu is at once transcendent and approachable, self-contained but cuddly, looking into my eyes with a sideways glance, as if it just noticed me and is wondering whether I want to play or be left alone. It’s not an aggressive dog, or for that matter, a bouncy dog trying to lick me. It has self-directed, quirky soul , and it’s almost impossible to imagine this dog being an asshole. Some people in the crypto-currency community have written Dogecoin off as a joke, or even a scam.  Maybe it’s both, but does this matter? All currency in the final analysis is really a scam, and the real question is which of those scams we want to agree to. I for one would rather pledge allegiance to a mystical pooch than to worship the image of...

Breaching the monetary Matrix: Five exercises to help you understand money

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(Note: I originally wrote this article for the July 2014 edition of Contributoria , and it is republished here under the following  Creative Commons licence. If you wish to use the article, please attribute the original) "Like everyone else you were born into bondage, born into a prison that you cannot smell or taste or touch, a prison for your mind." This is a line from The Matrix . Morpheus is explaining to Neo that he’s actually stuck in a nightmare prison-world enslaved to computers. The world is not as you think Neo, but I can set you free, provided you take the red pill . In some ways Morpheus resembles one of those single-agenda zealots who goes around telling people that they have a certain secret truth that will liberate them, like the guy who corners you in a pub and says, “Don’t you realise we’re trapped in a corporate prison. The Bilderberg Group owns the world’s governments!” Morpheus, however, is also different to the average conspiracy theorist. The key dynam...

Visions of a techno-leviathan: The politics of the Bitcoin blockchain

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(Please note that I originally wrote this essay for E-International Relations , and I have republished it here on a Creative Commons licence. If you wish to republish this piece, please respect E-IR's republishing guidelines ) In Kim Stanley Robinson’s epic 1993 sci-fi novel Red Mars , a pioneering group of scientists establish a colony on Mars. Some imagine it as a chance for a new life, run on entirely different principles from the chaotic Earth. Over time, though, the illusion is shattered as multinational corporations operating under the banner of governments move in, viewing Mars as nothing but an extension to business-as-usual. It is a story that undoubtedly resonates with some members of the Bitcoin community. The vision of a free-floating digital cryptocurrency economy, divorced from the politics of colossal banks and aggressive governments, is under threat. Take, for example, the purists at Dark Wallet , accusing the Bitcoin Foundation of selling out to the regulators and ...