The Concept and Criticisms of Steemit

8 Pages Posted: 24 Feb 2018

See all articles by Usman W. Chohan

Usman W. Chohan

UNSW Business School; Critical Blockchain Research Initiative (CBRI); Centre for Aerospace & Security Studies (CASS)

Date Written: February 23, 2018


This paper examines the concept and the criticisms of Steemit, with a view to situating its difficulties in imposing a self-regulating cryptoanarchist information network, as well its interesting meshing of blogging and social networking with a blockchain (Steem) database. This raises questions about the structures of accountability in the cryptocurrency realm, and of the abuse of cryptoanarchist principles in practice.

Keywords: Cryptocurrency, Bitcoin, Anarchism, Structure, Steem, Ethereum

Suggested Citation

Chohan, Usman W., The Concept and Criticisms of Steemit (February 23, 2018). Available at SSRN: or

Usman W. Chohan (Contact Author)

UNSW Business School ( email )

UNSW Business School
High St
Sydney, NSW 2052

Critical Blockchain Research Initiative (CBRI) ( email )

Centre for Aerospace & Security Studies (CASS) ( email )


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