Prescott Regency - Crypto-Anarchism And How It’s Taking Over The World

What is Crypto-Anarchism?

The term anarchism was defined as ‘the philosophy of a new social order based on liberty unrestricted by man-made law; the theory that all forms of government rest on violence, and therefore wrong and harmful, as well as unnecessary’ by Emma Goldman in her book Anarchism and Other Essays. There is a popular misconception that anarchists are violent. That is not true. The goal of anarchists is to create a world without government.

Who are Crypto-anarchists?

Crypto-anarchists are mostly hackers and anti-state libertarians who have been active amongst the political fringes for years. Their aim is to warn the public of the dangers of a world where everything is online. They believe that strong cryptography can put an end to authoritarian governments by replacing taxes with transactions that are completely anonymous and secure.

In today’s world, a nation’s boundaries are irrelevant to global business transactions through telecommunications. Many governments have been trying to stop the spread of globalization.

Crypto-anarchists make use of cryptographic software (a software that restricts unauthorized access to digital information) to evade government harassment and prosecution. They do this while receiving and sending information over computer networks to protect their privacy and political freedom. Cryptographic software hides the identity of the user from the government and a pseudonym is difficult to find unless revealed by the user.

How is Crypto-anarchy taking over the world?

Crypto-anarchism is transforming politics throughout the globe. The internet is now an overwhelming jigsaw puzzle of data, blogs, propaganda, reports, commentary, investigative journalism and misinformation. Millions of people now rely on crypto-anarchy for online security. They fear that the government is monitoring their online activities and so use encryption software to remain anonymous. They believe that encrypted software can pave the way for a stateless paradise because it restricts government’s ability to watch, monitor, control and tax people by hiding their identity. More people are using encrypted software than ever before, decreasing the power of authoritative states and the need for central governments.

Even Bitcoins were created by a crypto-anarchist to undermine a central bank’s ability to control the flow of money. Now Bitcoins are used in everyday business and are a legitimate form of currency.

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