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Analysis

With Crypto in Retreat, Central Banks Take a Quantum Leap

David Chaum, finding a use for Big Brother after all.
David Chaum, finding a use for Big Brother after all. Photographer: Handout/Getty Imag

Andy Mukherjee
20. nov. 2022 KL. 23.00 Gem til senere

David Chaum, finding a use for Big Brother after all.

In the chaos surrounding the collapse of Sam Bankman-Fried's empire, it's easy to lose sight of what has died in this year's crypto carnage and what lives on. The biggest casualty is "anarcho-capitalism," championed by engineer Timothy May in the 1990s as cyberspace interactions unconstrained by external regulation, taxation or interference -- in short, an absence of government.


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