The Crypto-Surveillance Capitalism Connection (coindesk.com)
While Crypto Twitter bickers and fights, leaving competing coin projects and blockchain startups to defend each others’ counter-allegations of centralizing misdeeds, the real centralizing power-mongers of our digital economy have been pillaging our data and reshaping humanity into an instrument of their domination.
That’s the alarming, bold conclusion of “The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power,” the recently released mega-tome by Harvard Business School professor Shoshana Zuboff.
I especially think it’s critical reading for the crypto community, where people will feel both vindicated and challenged by Zuboff’s thesis.
While Zuboff’s no fan of unfettered market capitalism and doesn’t think much of Friedrich Hayek, the Austrian economist who’s a darling of many bitcoin fans, there’s much that lines up here with the crypto world’s cypherpunk vision of freedom.
A blockchain solution for breaking down surveillance capitalism would naturally be a technological one, embracing the power of math and cryptography to design a new digital topography of trust that disempowers the centralized middleman and creates human agency within a decentralized system.
Original article reduced by: 80%
Read the full article here.
Related story: Bitcoin Hovers Over The $3,450 Mark As Top Cryptos See Slight Losses (cointelegraph.com)
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