Bitcoin Will Eat Itself: More Contradictions of (Digital) Libertarianism

Abstract

Bitcoin (BTC), the much in-the-news and up-for-government-discussion cryptocurrency favored by Deep Web drug markets, libertarians, anarchists and would-be assassins everywhere, has been on a tear recently, and as of yesterday has hit an all-time high (albeit briefly) of more than USD $900 mark. It’s not hard to find—in fact it’s difficult to avoid—cyberlibertarians of all...