2012-06-09 / aljazeera.com / Understanding Bitcoin

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[i]"The term “hacktivism” has been grossly misconstrued by the media. The image of masked saboteurs attacking from the darkness has romantic appeal but this spectacular narrative of sabotage ultimately misinforms, other-ising hackers and distorting hacking itself. Richard Stallman defines hacking as “exploring the limits of what is possible, in a spirit of playful cleverness”. Real hacktivism, then, is less about denial of service attacks, which are acts of digital protest, than about the clever creation or intervention of software forms for social change. It is less about sabotage than about alternatives.

… When it comes to money, people are understandably reluctant towards experimentation. Either it works, meaning it provides clear advantages, or it doesn’t. No part of the Bitcoin economy will last unless it is objectively a better deal for the end user than the flawed-but-known ways of today. In this sense Bitcoin is perhaps one of the hacktivist revolution’s greatest tests: can the network itself actually handle the globe’s finance? Can it really deliver better money for this incredibly complex world? It could very well be that it actually will. It seems to be advancing in that direction, slowly, step by step."[/i]

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