On Bitcoin: A Study in Applied Metaphysics.

This essay is dedicated to the memory of Katherine Hawley. Bitcoin was invented to serve as a digital currency that demands no trust in financial institutions, such as commercial and central banks. This paper discusses metaphysical aspects of bitcoin, in particular the view that bitcoin is socially...

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Publicado en:Philosophical Quarterly Vol. 73; no. 3; pp. 783 - 803
Autor principal: Lipman, Martin A
Formato: Artículo
Publicado: Oxford University Press / USA Jul2023
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: On Bitcoin: A Study in Applied Metaphysics.
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        au: Lipman, Martin A
        affil: Leiden University , The Netherlands
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        Bitcoin
        Metaphysics
        Financial institutions
        Digital currency
        Trust
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          Bitcoin
          Metaphysics
          Financial institutions
          Digital currency
          Trust
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        applied metaphysics
        bitcoin
        commitment
        cryptocurrency
        social construction
        social entities
        trust
      ab: This essay is dedicated to the memory of Katherine Hawley. Bitcoin was invented to serve as a digital currency that demands no trust in financial institutions, such as commercial and central banks. This paper discusses metaphysical aspects of bitcoin, in particular the view that bitcoin is socially constructed, non-concrete, and genuinely exists. If bitcoin is socially constructed, then one may worry that this reintroduces trust in the communities responsible for the social construction. Although we may have to rely on certain communities, I argue that social construction doesn't imply a demand for trust because the relevant communities don't take on any relevant commitments. Bitcoin is indeed trust-free.
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