Since the launch of Bitcoin in 2009 several hundred different ‘cryptocurrencies’ have been developed and become accepted for a wide variety of transactions in leading online commercial marketplaces and the ‘sharing economy’, as well as by more traditional retailers, manufacturers, and even by charities and political parties.

Bitcoin and its competitors have also garnered attention for their wildly fluctuating values as well as implication in international money laundering, Ponzi schemes and online trade in illicit goods and services across borders. These and other controversies surrounding cryptocurrencies have induced varying governance responses by central banks, government ministries, international organizations, and industry regulators worldwide. Besides formal attempts to ban Bitcoin, there have been multifaceted efforts to incorporate elements of blockchains, the peer-to-peer technology underlying cryptocurrencies, in the wider exchange, recording, and broadcasting of digital transactions. Blockchains are being mobilized to support and extend an array of governance activities. The novelty and breadth of growing blockchain-based activities have fuelled both utopian promises and dystopian fears regarding applications of the emergent technology to Bitcoin and beyond.

This volume brings scholars of anthropology, economics, Science and Technology Studies, and sociology together with GPE scholars in assessing the actual implications posed by Bitcoin and blockchains for contemporary global governance. Its interdisciplinary contributions provide academics, policymakers, industry practitioners and the general public with more nuanced understandings of technological change in the changing character of governance within and across the borders of nation-states.

chapter 1|24 pages


What are blockchains and how are they relevant to governance in the global political economy?
ByMalcolm Campbell-Verduyn
Size: 0.51 MB

chapter 2|23 pages

Moneys at the margins

From political experiment to cashless societies
ByMoritz Hütten, Matthias Thiemann
Size: 0.47 MB

chapter 3|21 pages

The internal and external governance of blockchain-based organizations

Evidence from cryptocurrencies
ByYing-Ying Hsieh, Jean-Philippe (JP) Vergne, Sha Wang
Size: 0.56 MB

chapter 4|19 pages

The mutual constitution of technology and global governance

Bitcoin, blockchains, and the international anti-money-laundering regime
ByMalcolm Campbell-Verduyn, Marcel Goguen
Size: 0.49 MB

chapter 5|21 pages

Between liberalization and prohibition

Prudent enthusiasm and the governance of Bitcoin/blockchain technology
ByKai Jia, Falin Zhang
Size: 0.59 MB

chapter 6|24 pages

Cryptocurrencies and digital payment rails in networked global governance

Perspectives on inclusion and innovation
ByDaivi Rodima-Taylor, William W. Grimes
Size: 0.49 MB

chapter 7|24 pages

Governing what wasn’t meant to be governed

A controversy-based approach to the study of Bitcoin governance
ByFrancesca Musiani, Alexandre Mallard, Cécile Méadel
Size: 0.51 MB

chapter 8|21 pages

Experiments in algorithmic governance

A history and ethnography of “The DAO,” a failed decentralized autonomous organization
ByQuinn DuPont
Size: 0.41 MB

chapter 9|20 pages


Towards a block age or blockages of global governance?
BySachin Tendulkar
Size: 0.53 MB