Money Code Space

Download or read book Money Code Space written by Jack Parkin and published by Oxford University Press. This book was released on 2020-09-03 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the catastrophic events of the 2008 global financial crisis, an anonymous hacker released Bitcoin to claw back power from commercial and central banks. It quickly garnered an enthusiastic following who sought to forge a stable and democratic global economy--a world free from hierarchy and control. In their eyes, Bitcoin's underlying architecture, blockchain, hailed the dawn of decentralisation. Money Code Space shatters these emancipatory claims. In their place, Jack Parkin constructs a new framework for revealing the geographies of power that lie behind blockchain networks. Drawing on first-hand experience in cryptocurrency communities and start-up companies from Silicon Valley to London, Parkin untangles the complex web of culture, politics, and economics that truly drive decentralisation.