The fact that politically unaffiliated dynamic young candidates like Balen Shah and Harkaraj Sampang Rai were elected as the mayors of two big cities of Nepal shows a new local political movement has arrived in Nepal as well. This type of political movement is known as Flatpack Democracy – a small-scale revolution that is bringing real change to local politics. Citizens are reclaiming their respective cities from political parties.
Bitcoin is a derivative of the neoliberal economic policy’s extensive liberalization, deregulation, and privatization coupled with Silicon Valley’s crypto-anarchists movement. Bitcoin has the potential to cure many dysfunctions of the modern financial system by solving the issues that come with double-spending because the architecture is such that falsification of transactions is practically impossible. Bitcoin, however, is not only solving some of the problems of the current approach to finance but also showing new ways of organizing civilization for the digital age.
Bitcoin is the first digital currency built in a decentralized manner and it is well-positioned to serve as currency because it satisfies the four main technical properties of money. It is durable, divisible, fungible, easily transportable, and impossible to counterfeit. There aren’t any people or institutions controlling it from behind. It is also not backed by physical goods like precious metals. Its brilliance lies in simple mathematical rules agreed upon by everyone…
