Introduction Cryptocurrency, a digital currency in which transactions are verified and recorded by a decentralized system using cryptography, rather than by a centralized authority, is a controversial technology amongst anarchists, even though it is often used as a tool for undermining state power. The left generally sees cryptocurrency as a negative due to its function…

Cryptocurrencies are not having a good time right now.  An estimated half trillion dollars has been erased with the recent market crash, ending the mania we’ve seen in the space since late last year. As stunning as the numbers are, this is nothing new for the infamously volatile crypto industry. More worryingly for cryptocurrency, and…

According to New York Times columnist Joe Nocera (“Criminal Card Games,” September 16), Home Depot’s security breach — the latest in an ongoing series of extensive exposures of customer financial information from large retailers — explains “why the federal government needs to get involved. With the banks and retailers at loggerheads, only the government has the ability to…

As many in the libertarian community already know, Overstock CEO Patrick Byrne recently unveiled a plan to build a revolutionary new model of finance on the back of the old financial system. Namely, by creating a Bitcoin equivalent of the New York Stock Exchange in hopes of eventually replacing Wall Street entirely with a crypto-security trading system…

As some of you may be aware, the Dark Wallet project was released to the public May 1st, 2014. Dark Wallet is developed by UnSystem, an organisation that includes among other great minds, Cody Wilson. Wilson is (in)famous for developing the worlds first 3d printed gun, The Liberator. Dark Wallet is in its alpha stage of…

C4SS Media presents Christiaan Elderhorst‘s “Bitcoin Must Self-Regulate — The State Can Only Destroy” read by James Tuttle and edited by Nick Ford. “Currently there is no system by which Bitcoin marketplaces can be held accountable. Resorting to government legal systems might indeed be the only way by which Mt.Gox customers can receive the restitution they deserve. What…

Just over a week ago, Fr33 Aid, an anarchist mutual aid organisation that is centred around supporting volunteers who provide medical and educational services, had it’s Bitcoins stolen from it’s online wallet located at Blockchain.info. Approximately 23 bitcoins were taken, with a value of about 14,500 USD. No small sum. This theft occurred despite reasonable…

Bitcoin has had a rough couple of weeks. With the closure and bankruptcy of MtGox and the closure-from-hacking of at least one smaller “bank,” the value of Bitcoin has fluctuated wildly. Predictably, this instability have caused some media outlets to make the exaggerated and premature announcement of the cryptocurrency’s death. But while most in the…

Com a falência do banco de Bitcoin Mt. Gox, mais de 400 de seus clientes expressaram interesse em entrar com um processo coletivo contra a empresa-mãe e seu dono, Mark Karpeles. A Mt. Gox era o maior mercado de Bitcoins do mundo e, embora o funcionamento da criptomoeda ainda seja incompreensível para várias pessoas, seu…

In the wake of Bitcoin exchange Mt. Gox’s bankruptcy filing, more than four hundred of its customers have expressed interest in filing a class action lawsuit against the parent company and its chief, Mark Karpeles. Mt. Gox was the cryptocurrency’s largest marketplace. Although Bitcoin’s functioning is still incomprehensible to many its value is real. Mt.Gox’s…

Knapp: Is Bitcoin the end of political government? No, but it’s part of the beginning of the end of political government.