Available from Brezo, Félix; Bringas, Pablo. Barton (2015: 24, 27) describes a complex cultural sensitivity existing in the community of self-sovereignty and resistance to government repression expressed through shared values of free speech, an emphasis on personal and technological privacy, and a practice of crowd- sourced meritocracy (see Coleman Golub 2008. Consequently, Bitcoin is commonly positioned as circumventing the centralised control of the current fiat system and the mediation of the banking system through its nature as a distributed verification system (. S 2014 survey of Bitcoin users found a complex value field encompassing both left-wing and right-wing politics.
Currency In Transition: An Ethnographic Inquiry Of Bitcoin Justin Fletcher University of Central Florida - Academia News and Technology Source
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"Online trust, trustworthiness, or assurance?" Daedalus 140:49-. Moreover, its exploratory nature helps create a viable framework around which qualitative inquiry of virtual crypto-currencies may be designed in future studies. Unlike conventional currency systems, the Bitcoin protocol is cryptologically defined with a virtual structure that allows it to simultaneously operate as currency, commodity, and market shaping socio-political force. Australian Journal of Telecommunications and the Digital Economy, issn, Volume 4 Number Copyright 2016 68 Australian Journal of Telecommunications and the Digital Economy Bitcoin, community and ethnographic engagement Bitcoin is an example of a cryptocurrency that is experiencing adoption within social practice. Smyth suggests that unlike fiat currencies, this cryptocurrency may not be the only instance of its kind given that it is algorithmically generated. Gao, X; Clark, G; Lindqvist,. Reid, Fergal; Harrigan, Martin.