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Thursday, January 25, 2018

The currency of the far-right: why neo-Nazis love bitcoin | Julia Ebner

For extremists, deregulated cryptocurrencies are a potent political statement as much as a means to fund their activities

The bitcoin battle is about to go up to a new level: the G20. Last week France and Germany announced that they would propose, at the March summit, a concerted clampdown on the cryptocurrency that is dividing the world.

In the global dispute about the future of the digital currency experiment some unlikely coalitions have taken shape: who would have thought that bankers and environmental activists would join forces one day? While the former seek to preserve the financial system, the latter want to protect the ecosystem. Even more obscure is the conglomerate of cryptocurrency enthusiasts fighting side by side to keep the bitcoin experiment alive: libertarians invest in their vision, speculators in their wallets, and criminals out of necessity.

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from US news | The Guardian http://ift.tt/2E6wpi3
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