Re: <nettime> Protocols and Crises

[Morlock Elloi <morlockelloi@gmail.com>]

Isn't the primary (and only?) purpose of these protocols to reduce the 
number of protocoliriat (TM) (the number of people involved), and 
simplify the control?
Most people understand cash. Few understand derivatives. Almost no one 
understands sh*t about Bitcoin. The control pyramid accordingly steepens.

On 1/30/17, 4:12, Felix Stalder wrote:
> welfare state of the 1960s. Rather, practice of protocolarian power
> needs to be retooled, in terms of enlarging the range of actors
> involved, making their agency visible and accountable, and, perhaps most
> importantly, changing the character of the rules themselves, so that
> they engender new modes of cooperation and material sustainability,
> rather competition and financialization.
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