An exercise of ideological deconstruction: the example of the Bitcoin Standard
Read first: Bitcoin and the Illusion of Reality
This is one of the most sophisticated mix of economic and political analysis I’ve recently seen concerning Bitcoin. I recommend to read this article first before reading my point of view. It is extremely interesting and I must agree with most of what is said, at least in terms of the diagnosis of the current situation. However, here are some thoughts coming from a perspective of ideological deconstruction. What I mean by ideology is ‘concepts that are unequivocally accepted as necessary truths about reality — these are often so fundamental in our world view that they are not even mentioned, just given as facts. Understand I am not necessarily disagreeing with what is said in this article, to the contrary I am making this effort because I respect the time and effort put into such an analysis and I think that this a perfect example to talk about ideology.
The reason why this article is worthy of attention is that it seeks to go beyond simplistic analysis. It does so by examining the connection between a whole lot of economic concepts as well as their political, social and environmental relationships. The main strength of this analysis in my opinion is that it unpacks the ideological basis of our monetary systems. It goes to show that…
