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Let Them Eat Crypto: The Blockchain Scam That's Ruining the World

Pluto Press9780745348216

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The subject of immense hope, hype and confusion, crypto has amassed countless headlines in recent years. With cryptocurrencies, NFTs and metaverse markets crashing, the underlying blockchain technology is still promised to solve global development challenges, and revolutionise every industry. But is the technology really a silver bullet?

Peter Howson cuts through the jargon and bluster to tell an alarming story of how right-wing libertarian crypto entrepreneurs - often aided by charities, politicians and philanthropists - seek out and exploit conditions of poverty, oppression, corruption and conflict. Their goal? A new front of 'crypto-colonial' extractivism.

Let Them Eat Crypto reveals the alarming truth: far from 'banking the unbanked', saving the gorillas, or freeing people from oppressive governments, blockchain offers only false solutions, surveillance and hi-tech snake oil.