The unexpected consequences of a pandemic

Crypto-finance as cultural commons

Bibliographic Data

ID12599720
AuthorsAlberto Cossu (0000-0002-0766-7719, University of Leicester, corresponding author)
Year2022
Volume26
Issue4
Pages598-607
Publication date2022-12-08
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEuropean Journal of Cultural Studies (JOURNAL)
Journal identifiersISSN: 1367-5494 • E-ISSN: 1460-3551
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/13675494221135660
PMID37457828
OpenAlexW4311938859
LanguageEN
Citations received1
References cited17

This Cultural Commons article provide some coordinates that help explain why cryptocurrencies have recently become mainstream, indicating their connection to precarisation and new class formations. It considers how this change has been achieved by examining the impact of ICTs (information and communications technologies) on the process of socialisation and re-signification of finance. Finally, it explores how these shifts might be related to the emergence of a peculiar form of digital and cultural commons. It grants that this last idea might appear odd, far-fetched, or downright inappropriate, since investment by individuals for individual profit is a defining characteristic of the realm of crypto-finance. It hopes to show, however, that what lies behind these individualised actions is an ambivalence in which exploitation coexists with a redefinition of the genetic code of finance, giving rise to a shared culture and a commoning of resources

Commons · Cryptocurrency · Law and economics · Mainstream · Political economy · Political science · Politics · Realm · Sociology · Sovereignty · Tragedy of the commons · Blockchain Technology Applications and Security · Digital Economy and Work Transformation · Law