Institutional Scholarship

An Enlightened Island: Original Vision, Community Politics, and the Failure of Bitcoin

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dc.contributor.advisor Weinberg, Robert E.
dc.contributor.advisor Murphy, Marjorie Yao, Eric 2017-08-08T19:47:21Z 2017-08-08T19:47:21Z 2017
dc.description.abstract One of the first paradoxes of Bitcoin was how the community would uphold Satoshi’s original vision and founding principles after its creation. Despite much recent scholarly discussion on the idea of Bitcoin, intellectual history of money, and optimistic, progressive historiography, little has been written to answer the question of whether Bitcoin has succeeded in its original vision. The article argues that Bitcoin has failed to remain civil libertarian, radically democratic, and equal and open due to community politics and an ensuing civil war over the block size debate and the future of the blockchain. In addition to drawing from two historicizations, Yap stone money and the Enlightenment, the article sources online social archives to support the thesis that various actions by the Bitcoin community during the civil war overturned and failed the original vision. en_US
dc.description.sponsorship Swarthmore College. Dept. of History en_US
dc.language.iso en en_US
dc.rights Full copyright to this work is retained by the student author. It may only be used for non-commercial, research, and educational purposes. All other uses are restricted.
dc.title An Enlightened Island: Original Vision, Community Politics, and the Failure of Bitcoin en_US
dc.type Thesis (B.A.)
dc.rights.access unrestricted en_US

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