All Things Co-op: Blockchain and Cryptocurrency


Democracy At Work has the podcast All Things Co-op: Blockchain and Cryptocurrency.

In this episode of All Things Co-op, Kevin talks to blogger and podcaster “The Blockchain Socialist” about the possibilities of blockchain technology as a mechanism for worker cooperatives and the Left. Though often tied to cryptocurrency, blockchains can also function as a means to enable cooperatives to maintain data sovereignty, to engage with various economic actors outside of traditional capitalist structures, and to enable scalability while retaining democratic governance of enterprises. Though blockchain is not going to fix every problem, it does offer up many interesting opportunities to shift away from centralized, hierarchical capitalist institutions.


This podcast has many useful ideas in it. I do find it frustrating all the time spent telling me what they are going to explain before they get around to explaining. A lot of this is abstract, so it sill leaves some things to your imagination. Eventually the cryptocurrency part may fall away, but there may be useful things that come out of the technology.

The 21 million bitcoin limit may be an attempt to mimic the rarity of gold. The problem is that the creation of a new cryptocurrency is easier than forming a new element in the periodic table of elements.

One of the websites mentioned in this podcast theblockchainsocialist.com

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