The Concept and Criticisms of Steemit
CBRI Working Papers: Notes on the 21st Century
12 Pages Posted: 24 Feb 2018 Last revised: 3 Apr 2020
Date Written: March 29, 2020
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
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