Prudent enthusiasm and the governance of Bitcoin/blockchain technology
Date of Publication
1-1-2023 12:00 AM
Security Theme
Cybersecurity
Keywords
GRC, Cryptocurrency, Legislation, Cybersecurity
Description
The implications of technology for global governance are generally classified into two conflicting narratives. On the one hand are tales of hope based on optimistic ideas that advances in technology will improve governance (Kurzweil, 2005; Pielke et al., 2008). On the other hand are tales of dystopia based on pessimistic ideas that new technologies have negative consequences for governance (Matthewman, 2011). The former assumes that technological developments lead to improvement of economic productivity and elevated human living conditions. The latter skeptical attitudes focus more on catastrophes and pending risks of annihilation caused by technological advancement such as nuclear weapons, toxic particles, etc.
Prudent enthusiasm and the governance of Bitcoin/blockchain technology
The implications of technology for global governance are generally classified into two conflicting narratives. On the one hand are tales of hope based on optimistic ideas that advances in technology will improve governance (Kurzweil, 2005; Pielke et al., 2008). On the other hand are tales of dystopia based on pessimistic ideas that new technologies have negative consequences for governance (Matthewman, 2011). The former assumes that technological developments lead to improvement of economic productivity and elevated human living conditions. The latter skeptical attitudes focus more on catastrophes and pending risks of annihilation caused by technological advancement such as nuclear weapons, toxic particles, etc.
