13 Dec '12, 1pm

Journal of Peer Production Calling For Papers on Value and Currency | Bitcoin Magazine

Radical politics and economics has always been one of the Bitcoin community’s interests, and so many people would benefit from taking a closer look at these two organizations’ work. The general category of the P2P ideology’s politics can be described as libertarian – a word which appears rather frequently in both organizations’ writings, but a form of libertarianism different from the one envisioned by writers like Jon Matonis . The P2P foundation has a section offering a criticism of Bitcoin which all-out attacks an aspect of the currency that many others consider to be its core features: its sharply limited supply . Despite his general stance in favor of Bitcoin, Bauwens nevertheless wrote that “it is a ‘scarcity’ based currency, subject to hoarding and wealth accumulation (only 21m bitcoins will be created, insuring a constant growth in value), that does not really chan...

Full article: http://bitcoinmagazine.net/journal-of-peer-production-cal...

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