Silicon Valley didn't disrupt finance to help you — they did it to re-direct wealth into their own pockets.
The tech-bros want us to believe that crypto can "democratise money", when it is just another case of the tech elite using innovation as a shield against government regulation that protects the average person from aggressive finance capitalism. Law professor Hilary Allen cuts through the the venture-capital hype to expose the reality of 'techno-optimism', and gives us the tools to take them on.
It's time to stop looking for tech fixes to structural political problems and start demanding real democratic containment of unproven technologies.
Fintech Dystopia by Hilary Allen (book, read for free online)
The book Jim Chalmers and all of Canberra is reading (article)
book mentioned by Hilary:
Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies
by Reid Hoffman (Author), Chris Yeh (Author), Bill Gates (Foreword)
The Politics of Bitcoin: Software as Right-Wing Extremism
by David Golumbia
Pleading Ignorance, by Ed Kuepper, from the album Starstruck.
Too Many Things, by Ed Kuepper, from the album Starstruck.
Bitcoin is Crime
Alex Velluto
Bitcoin and Gluten
Cameron James
Anne Maxwell & Kevin Gaynor
