N.B. I am not Davy

Download episode MP3 [48:57]

BBC’s “5 live investigates” programme spends 40 minutes discussing The Dark Web, in particular Silk Road, the online agorist marketplace, and Bitcoin, the new digital currency and method of payment used at Silk Road.

I wish more Bitcoin proponents would embrace the Silk Road, and what it stands for, as a positive social force; both for Bitcoin’s growth and success, but also more generally as a new tool for the safe disobedience of unjust laws. Instead it seems they more often try to downplay the size and influence of Silk Road (falsely too), in an attempt to distance themselves, and the rest of the Bitcoin community, from the “illegal activity” going on. This is a strategy from Bitcoiners that I honestly don’t understand. There seems to be this notion amongst Bitcoiners, even the more libertarian ones, that if Bitcoin becomes too associated with “criminal activity” that it will damage Bitcoin’s image forever in the eyes of the public, and thus it won’t grow into something that is mainstream. But what is the goal here? What are the ends? Surely we don’t want Bitcoin to fit into the paradigm of the current mainstream; we want it become the new mainstream! It will never become seen as revolutionary tool if we attempt to marginalize every given use of it that the State deems to be a crime by mere fiat. That’s the opposite of revolutionary; that’s just perpetuating what is already mainstream.

Like Amir Taaki, aka genjix, who was interviewed on this programme. One of the biggest faces in the Bitcoin community — this guy gets interviewed everywhere! But for a self-described anarchist, Amir sure seems quick to fully accept the premises that are always put forth by his interviewers, that these voluntary exchanges between consenting adults are indeed heinous crimes that should be shunned by society, despite being victimless of course. But don’t let that paint Bitcoin with a bad brush guys, because it’s only a tiny part of the Bitcoin economy. Bitcoin can be used for non-crimes too! No, wrong answer Amir! Do we want Bitcoin to be revolutionary or don’t we?

From Wikipedia, on counter-economics and agorism:

Konkin’s agorism, as exposited in his New Libertarian Manifesto, postulates that the correct method of achieving a voluntary society is through advocacy and growth of the underground economy or “black market” — the “counter-economy” as Konkin put it — until such a point that the State’s perceived moral authority and outright power have been so thoroughly undermined that revolutionary market anarchist legal and security enterprises are able to arise from underground and ultimately suppress government as a criminal activity (with taxation being treated as theft, war being treated as mass murder, et cetera).

Let that strategy sink in for a moment, and apply the logic to what Bitcoin enables: The Silk Road. A new era for agorism. It should be embraced by anti-statists everywhere.

The success of Silk Road has unequivocally helped Bitcoin grow, and far from it being only a tiny fraction of the Bitcoin economy, it is actually a very large and very active part of it. And we should expect that, because it is probably the greatest appeal of Bitcoin. In terms of its size relative to the Bitcoin economy as a whole, Silk Road is probably the second largest marketplace only behind the exchange of currencies themselves. If we’re talking the sale of real products by merchants to consumers for bitcoins, you only have to sign up and login to witness the large volume of legitimate trading that goes on there every day. It’s clear that it’s not actually small relative to other Bitcoin markets. And that’s something we can point to and applaud. Bitcoin enabled that to happen! Its success speaks volumes for the power of Bitcoin as the new paradigm. So if you’re also against the drug war, why aren’t you embracing that? Because you want to manipulate those who are in favour of the drug war into accepting Bitcoin, in some misguided attempt to garner mainstream attention? Meh. What’s the point? Those people will never accept Bitcoin anyway.

I’ve seen many an interview with Amir and other prominent members of the Bitcoin community, and this always seems to be the case whenever the so-called crimes enabled by Bitcoin are brought up. Now, I don’t know if Amir is in agreement with the drug war or not, but I suspect probably not. So why doesn’t he argue it from that perspective? I just don’t understand it. The earlier interview with the American student — a user of Silk Road — was far more exciting to me.

My two bitcents.

– dvide