The Concept and Criticisms of Steemit

Chohan, Usman W.

doi:10.2139/ssrn.3129410

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The Concept and Criticisms of Steemit

CBRI Working Papers: Notes on the 21st Century

10 Pages Posted: 24 Feb 2018 Last revised: 22 Feb 2021

See all articles by Usman W. Chohan

Usman W. Chohan

Centre for Aerospace & Security Studies (CASS); Critical Blockchain Research Initiative (CBRI); International Association of Hyperpolyglots (HYPIA); University of New South Wales (UNSW)

Date Written: Feburary 20, 2021

Abstract

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: Suggested Citation

Chohan, Usman W., The Concept and Criticisms of Steemit (Feburary 20, 2021). CBRI Working Papers: Notes on the 21st Century, Available at SSRN: https://ssrn.com/abstract=3129410 or http://dx.doi.org/10.2139/ssrn.3129410