The Crypto Anarchist Manifesto

외신뉴스
2019-12-08 12:50 PM

The Crypto Anarchist Manifesto


A specter is haunting the modern world, the specter of crypto anarchy. Computer technology is on the verge of providing the ability for individuals and groups to communicate and interact with each other in a totally anonymous manner. Two persons may exchange messages, conduct business, and negotiate electronic contracts without ever knowing the True Name, or legal identity, of the other. **The following essay was written by Timothy C. May in 1988 and read at the first gathering of the cypherpunks in Silicon Valley in September 1992. “The Crypto Anarchist Manifesto” was originally published on activism.net and is reprinted here on Bitcoin.com for historical preservation. The opinions expressed in this article are the author’s own. Bitcoin.com is not responsible for or liable for any opinions, content, accuracy or quality within the Op-ed article.**


Interactions over networks will be untraceable, via extensive re- routing of encrypted packets and tamper-proof boxes which implement cryptographic protocols with nearly perfect assurance against any tampering. Reputations will be of central importance, far more important in dealings than even the credit ratings of today. These developments will alter completely the nature of government regulation, the ability to tax and control economic interactions, the ability to keep information secret, and will even alter the nature of trust and reputation.


The technology for this revolution — and it surely will be both a social and economic revolution — has existed in theory for the past decade. The methods are based upon public-key encryption, zero-knowledge interactive proof systems, and various software protocols for interaction, authentication, and verification. The focus has until now been on academic conferences in Europe and the U.S., conferences monitored closely by the National Security Agency.


But only recently have computer networks and personal computers attained sufficient speed to make the ideas practically realizable. And the next ten years will bring enough additional speed to make the ideas economically feasible and essentially unstoppable. High-speed networks, ISDN, tamper-proof boxes, smart cards, satellites, Ku-band transmitters, multi-MIPS personal computers, and encryption chips now under development will be some of the enabling technologies.


The State will, of course, try to slow or halt the spread of this technology, citing national security concerns, use of the technology by drug dealers and tax evaders, and fears of societal disintegration. Many of these concerns will be valid; crypto anarchy will allow national secrets to trade freely and will allow illicit and stolen materials to be traded. An anonymous computerized market will even make possible abhorrent markets for assassinations and extortion. Various criminal and foreign elements will be active users of CryptoNet. But this will not halt the spread of crypto anarchy. Just as the technology of printing altered and reduced the power of medieval guilds and the social power structure, so too will cryptologic methods fundamentally alter the nature of corporations and of government interference in economic transactions.


Combined with emerging information markets, crypto anarchy will create a liquid market for any and all material which can be put into words and pictures. And just as a seemingly minor invention like barbed wire made possible the fencing-off of vast ranches and farms, thus altering forever the concepts of land and property rights in the frontier West, so too will the seemingly minor discovery out of an arcane branch of mathematics come to be the wire clippers which dismantle the barbed wire around intellectual property.


Arise, you have nothing to lose but your barbed wire fences!


What do you think about Timothy May’s Crypto Anarchist Manifesto? Let us know what you think about this subject in the comments section below.


Op-ed Disclaimer: The opinions expressed in this article are the author’s own. Bitcoin.com is not responsible for or liable for any opinions, content, accuracy or quality within the Op-ed article. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any information in this Op-ed article. For historical preservation, this article is a reprint of an archived editorial that was originally written in May 1988.


Image credits: Pixabay, Wiki Commons, Fair Use, and Cryptoanarchy.org.


Want to create your own secure cold storage paper wallet? Check our toolssection. You can also enjoy the easiest way to buy Bitcoin online with us. Download your free Bitcoin wallet and head to our Purchase Bitcoin pagewhere you can buy BCH and BTCsecurely. Share this story: Tags in this story Bitcoin, crypto anarchy, freedom, liberty, op-ed, Reprint, revolution, technology, The Crypto Anarchist Manifesto, Timothy C. May Related Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money FEATURED | Kevin Helms


Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable… read more. Venture Capitalists Have Invested Over $200M in Stablecoins FEATURED | Kai Sedgwick


Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects… read more. Bitcoin.com


Bitcoin.com is your premier source for everything Bitcoin-related. We can help you buy bitcoins and choose a bitcoin wallet. You can also read the latest news, or engage with the community on our Bitcoin Forum. Please keep in mind that this is a commercial website that lists wallets, exchanges and other Bitcoin-related companies. Please enable JavaScript to view the comments powered by Disqus.

외신뉴스
Crypto news


함께 보면 좋은 콘텐츠

All posts
Top