Trust Machines: Cryptocurrencies, Blockchains, and Humans in Cultures of Mistrust

Network technologies allow individuals to participate in technological market systems that can mediate trust independently from traditional public institutions. This presents a novel idea of governance that is distinct to the one in liberal democracies. I explore the use of cryptocurrencies (digital...

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Bibliographic Details
Main Author: Guarna, Tomás Andrés
Other Authors: Gordon, Eric
Format: Thesis
Published: Massachusetts Institute of Technology 2022
Online Access:https://hdl.handle.net/1721.1/144933
https://orcid.org/0000-0003-2646-9002
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author Guarna, Tomás Andrés
author2 Gordon, Eric
author_facet Gordon, Eric
Guarna, Tomás Andrés
author_sort Guarna, Tomás Andrés
collection MIT
description Network technologies allow individuals to participate in technological market systems that can mediate trust independently from traditional public institutions. This presents a novel idea of governance that is distinct to the one in liberal democracies. I explore the use of cryptocurrencies (digital currencies based on cryptography) in Argentina to shed light on the social dynamics underlying technological market systems that mediate trust. These social dynamics include ideas, perceptions, and emotions, as well as specific practices that determine different relations to traditional institutions. I study how cryptocurrencies and blockchain (decentralized records that rely on cryptography) technologies are understood by Argentine enthusiasts and developers, and how communities of enthusiasts generate adequate social environments for the transmission of information and for emotional support. I highlight the discursive and social aspects of the phenomenon. Based on these findings, I describe the imaginary of participatory institutions (a vision where individuals engage with public institutions providing limited information on a consensual basis) and I describe how a city government in Argentina is interpreting this imaginary.
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spelling mit-1721.1/1449332022-08-30T03:05:19Z Trust Machines: Cryptocurrencies, Blockchains, and Humans in Cultures of Mistrust Guarna, Tomás Andrés Gordon, Eric Taylor, T.L. Massachusetts Institute of Technology. Program in Comparative Media Studies/Writing Network technologies allow individuals to participate in technological market systems that can mediate trust independently from traditional public institutions. This presents a novel idea of governance that is distinct to the one in liberal democracies. I explore the use of cryptocurrencies (digital currencies based on cryptography) in Argentina to shed light on the social dynamics underlying technological market systems that mediate trust. These social dynamics include ideas, perceptions, and emotions, as well as specific practices that determine different relations to traditional institutions. I study how cryptocurrencies and blockchain (decentralized records that rely on cryptography) technologies are understood by Argentine enthusiasts and developers, and how communities of enthusiasts generate adequate social environments for the transmission of information and for emotional support. I highlight the discursive and social aspects of the phenomenon. Based on these findings, I describe the imaginary of participatory institutions (a vision where individuals engage with public institutions providing limited information on a consensual basis) and I describe how a city government in Argentina is interpreting this imaginary. S.M. 2022-08-29T16:21:57Z 2022-08-29T16:21:57Z 2022-05 2022-05-25T13:54:30.712Z Thesis https://hdl.handle.net/1721.1/144933 https://orcid.org/0000-0003-2646-9002 In Copyright - Educational Use Permitted Copyright retained by author(s) https://rightsstatements.org/page/InC-EDU/1.0/ application/pdf Massachusetts Institute of Technology
spellingShingle Guarna, Tomás Andrés
Trust Machines: Cryptocurrencies, Blockchains, and Humans in Cultures of Mistrust
title Trust Machines: Cryptocurrencies, Blockchains, and Humans in Cultures of Mistrust
title_full Trust Machines: Cryptocurrencies, Blockchains, and Humans in Cultures of Mistrust
title_fullStr Trust Machines: Cryptocurrencies, Blockchains, and Humans in Cultures of Mistrust
title_full_unstemmed Trust Machines: Cryptocurrencies, Blockchains, and Humans in Cultures of Mistrust
title_short Trust Machines: Cryptocurrencies, Blockchains, and Humans in Cultures of Mistrust
title_sort trust machines cryptocurrencies blockchains and humans in cultures of mistrust
url https://hdl.handle.net/1721.1/144933
https://orcid.org/0000-0003-2646-9002
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