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Social and Behavioral Sciences Commons

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Political Science

Portland State University

Theses/Dissertations

2020

Blockchains (Databases)

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Full-Text Articles in Social and Behavioral Sciences

Follow The (Electronic) Money: How Bitcoin And Blockchain Technology Are "Shaking The System", Jim Robert Mignano Jun 2020

Follow The (Electronic) Money: How Bitcoin And Blockchain Technology Are "Shaking The System", Jim Robert Mignano

Dissertations and Theses

Bitcoin is the first digital medium to allow global, "purely peer-to-peer" exchange. At the height of the Great Recession, Bitcoin's pseudonymous creator introduced the electronic cash to sidestep political and economic institutions. Today, it is praised as an opportunity for the unbanked, a liberating force, and a pioneering technology. It is also infamously associated with volatility, illicit activities, and profligate energy consumption.

Bitcoin has also flown under the radar of political science, whereas computer scientists, economists, and legal scholars have written extensively about it. To address the gap in the literature, I describe Bitcoin as an actor in global affairs, …