Laura Lotti
I recently completed my PhD at the School of the Arts & Media, UNSW Sydney. I have a background in economics, media, and philosophy.
My research studies the relations between economic, technical and cultural systems.
Interested in crypto, amateur coder.
My research studies the relations between economic, technical and cultural systems.
Interested in crypto, amateur coder.
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Available at: http://reflektor-m.de/kuenstler/text/kolumne-permeable-bodies-and-laura-lotti-on-blockchain-as-science-fiction
Arts of the Working Class, Issue 5, February 2019
Available at: https://schloss-post.com/cryptoeconomics-artistic-practice/
Free PDF and hard copies at: http://networkcultures.org/moneylab/2018/01/22/out-now-moneylab-reader-2-overcoming-the-hype/
Book PDF available at http://re-press.org/book-files/9780980819793-Aesthetics_After_Finitude.pdf
Article available at: http://financeandsociety.ed.ac.uk/article/view/1724
occasions of reversibility of the sense of power, as the recent invention of electronic cash demonstrates.
PDF available at: https://platformjmc.files.wordpress.com/2015/04/v6_lotti.pdf
<<Money, which is the medium through which gains are accumulated, is ultimately a more fundamental ‘counting device’ of randomness than the frequency count. (It is more ‘liquid’.) … Contrarily to the current saying, time is not money, because money is more fundamental than time.>> (Ayache, A Formal Deduction of the Market).
I chose to open this presentation with these two quotes because they illustrate well the concerns of this paper: that is, an investigation of the nexus between money (as actualization of the technics of exchange), thought, and time. Specifically, my goal in the next 20-25 minutes or so is to sketch out these relations through the work of Alfred Sohn-Rethel and Gilbert Simondon, and illustrate how Bitcoin challenges (or, in certain aspects, reinforces) the foundations of this tripartite relation that, arguably, dates back to the introduction of coinage in the seventh century BCE. From this standpoint, understanding Bitcoin becomes crucial not only for political economy, but also for philosophy and psycho-social dynamics at large – and as such, it requires a new methodology and a novel alliance between science, technology, and philosophy.
...
gaining momentum among banking powerhouses and fintech contingents, the novelty of Bitcoin has been neutralized by institutional powers that have made of it a commodity to be accumulated and traded for a price on a par with other liquid assets. Contra these tendencies, I propose that recognizing the singularity and inseparability of Bitcoin and blockchain – as a means and measure of exchange – may provide the foundations not only for a redesign of the global financial architecture but also, and more importantly, for the realization of distributed commons. This implies the acknowledgment and redefinition of the political dimension of the value of money.
For most of us, finance is a predatory and extractive practice that takes more than it gives. But what if at the heart of finance we found a logic of active offering? A ritual offering gesture — the creation of a time interval in the derivative form of a gift — that both opens up and holds open new economic spaces?
https://medium.com/economic-spacing/we-dont-know-yet-what-a-token-can-do-1d76671303ed
Available at: http://reflektor-m.de/kuenstler/text/kolumne-permeable-bodies-and-laura-lotti-on-blockchain-as-science-fiction
Arts of the Working Class, Issue 5, February 2019
Available at: https://schloss-post.com/cryptoeconomics-artistic-practice/
Free PDF and hard copies at: http://networkcultures.org/moneylab/2018/01/22/out-now-moneylab-reader-2-overcoming-the-hype/
Book PDF available at http://re-press.org/book-files/9780980819793-Aesthetics_After_Finitude.pdf
Article available at: http://financeandsociety.ed.ac.uk/article/view/1724
occasions of reversibility of the sense of power, as the recent invention of electronic cash demonstrates.
PDF available at: https://platformjmc.files.wordpress.com/2015/04/v6_lotti.pdf
<<Money, which is the medium through which gains are accumulated, is ultimately a more fundamental ‘counting device’ of randomness than the frequency count. (It is more ‘liquid’.) … Contrarily to the current saying, time is not money, because money is more fundamental than time.>> (Ayache, A Formal Deduction of the Market).
I chose to open this presentation with these two quotes because they illustrate well the concerns of this paper: that is, an investigation of the nexus between money (as actualization of the technics of exchange), thought, and time. Specifically, my goal in the next 20-25 minutes or so is to sketch out these relations through the work of Alfred Sohn-Rethel and Gilbert Simondon, and illustrate how Bitcoin challenges (or, in certain aspects, reinforces) the foundations of this tripartite relation that, arguably, dates back to the introduction of coinage in the seventh century BCE. From this standpoint, understanding Bitcoin becomes crucial not only for political economy, but also for philosophy and psycho-social dynamics at large – and as such, it requires a new methodology and a novel alliance between science, technology, and philosophy.
...
gaining momentum among banking powerhouses and fintech contingents, the novelty of Bitcoin has been neutralized by institutional powers that have made of it a commodity to be accumulated and traded for a price on a par with other liquid assets. Contra these tendencies, I propose that recognizing the singularity and inseparability of Bitcoin and blockchain – as a means and measure of exchange – may provide the foundations not only for a redesign of the global financial architecture but also, and more importantly, for the realization of distributed commons. This implies the acknowledgment and redefinition of the political dimension of the value of money.
For most of us, finance is a predatory and extractive practice that takes more than it gives. But what if at the heart of finance we found a logic of active offering? A ritual offering gesture — the creation of a time interval in the derivative form of a gift — that both opens up and holds open new economic spaces?
https://medium.com/economic-spacing/we-dont-know-yet-what-a-token-can-do-1d76671303ed