John_Goes

Crypto anarchism - SEARCH #10

Oct 19th, 2013
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  1. Crypto-anarchism (or crypto-anarchy) is a cyber-spatial realization of anarchism. Crypto-anarchists employ cryptographic software to evade prosecution and harassment while sending and receiving information over computer networks, in an effort to protect their privacy and political freedom.
  2. Described by Vernor Vinge, crypto-anarchy is more specifically anarcho-capitalist, employing cryptography to enable individuals to make consensual economic arrangements and to transcend national boundaries.
  3. Using such software, the association between the identity of a certain user or organization and the pseudonym they use is difficult to find, unless the user reveals the association. It is difficult to say which country's laws will be ignored, as even the location of a certain participant is unknown. However, participants may in theory voluntarily create new laws using smart contracts or, if the user is pseudonymous, depend on online reputation.
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  6. John Goes
  7. IT Manager, IS expert and researcher.
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