Cryptocurrencies and Corpocracies

Cryptocurrencies are not libertarian. To be sure, aspects of cryptocurrencies, and the blockchain technology on which they are built, resonate profoundly with the libertarian ideal, but the resonance of one’s soul with an idea does not engender the resonance of theory with reality.

When I wrote my essay, “Cryptocurrencies are not Libertarian” (I’m not very good with names), I made three arguments: