New Criticals

Financial instruments (derivatives and risk packages), the dominance of international pseudo-governmental organizations (N.A.T.O., the E.U., the U.N.), the increased presence of non-governmental global regulatory agencies (the I.M.F., the World Bank), and the willingness to mix public money with private institutions are all representative of a trend towards centralization. Though we might not be so willing to suggest that alternative monetary forms are proliferating, we certainly are aware of them more than ever, with Bitcoin being the current example par excellence (and Dogecoin being, well, whatever it is), compellingly deconstructing terrestrial and material restrictions of traditional currencies as an alternative and totally artificial form of money uniquely achievable in a digitized and technological economy. Regardless of its successes or failures, Bitcoin still possesses an interesting ideological problem. 

Bitcoin was first described in a 2008 paper published online by Satoshi Nakamoto (an anonymous alias of an individual or possibly a group), and the very first Bitcoins were generated in 2009. The timing is important for seeing Bitcoin as a response to the U.S. financial crisis of 2007-2009 and the subsequently turbulent world economy.