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Bitcoin as a mediating technology of organization

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Bitcoin as a mediating technology of organization. / Introna, Lucas; Pecis, Lara.
The Oxford Handbook of Media, Technology, and Organization Studies . ed. / Timon Beyes; Robin Holt; Claus Pias. Oxford: Oxford University Press, 2019.

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Chapter (peer-reviewed) › peer-review

Harvard

Introna, L & Pecis, L 2019, Bitcoin as a mediating technology of organization. in T Beyes, R Holt & C Pias (eds), The Oxford Handbook of Media, Technology, and Organization Studies . Oxford University Press, Oxford. https://doi.org/10.1093/oxfordhb/9780198809913.013.5

APA

Introna, L., & Pecis, L. (2019). Bitcoin as a mediating technology of organization. In T. Beyes, R. Holt, & C. Pias (Eds.), The Oxford Handbook of Media, Technology, and Organization Studies Oxford University Press. https://doi.org/10.1093/oxfordhb/9780198809913.013.5

Vancouver

Introna L, Pecis L. Bitcoin as a mediating technology of organization. In Beyes T, Holt R, Pias C, editors, The Oxford Handbook of Media, Technology, and Organization Studies . Oxford: Oxford University Press. 2019 doi: 10.1093/oxfordhb/9780198809913.013.5

Author

Introna, Lucas ; Pecis, Lara. / Bitcoin as a mediating technology of organization. The Oxford Handbook of Media, Technology, and Organization Studies . editor / Timon Beyes ; Robin Holt ; Claus Pias. Oxford : Oxford University Press, 2019.

Bibtex

@inbook{1f7c6f22021c4db9a12ebec6544dc8ab,
title = "Bitcoin as a mediating technology of organization",
abstract = "This chapter explores how Bitcoin promotes itself as an open, democratic, decentralized, and collaborative community that can bypass untrustworthy financial institutions. Whilst notions of trust in traditional forms of institutions, such as banks, have been affected by the 2008–9 financial crisis, the push towards alternative monetary systems by cryptocurrency communities seems to offer the perfect promise of decentralization and transparency. Yet, following Luhmann{\textquoteright}s articulation of system trust, the complex functioning of Bitcoin calls for rethinking how trust in the system is understood both in relation to the trust posed in the neutrality of algorithmic action and governance, but also in others, such as the {\textquoteleft}wisdom of the crowd{\textquoteright}.",
keywords = "Bitcoin, trust, decentralization, Luhmann, algorithmic governance",
author = "Lucas Introna and Lara Pecis",
year = "2019",
month = dec,
day = "1",
doi = "10.1093/oxfordhb/9780198809913.013.5",
language = "English",
isbn = "9780198809913",
editor = "Timon Beyes and Robin Holt and Claus Pias",
booktitle = "The Oxford Handbook of Media, Technology, and Organization Studies",
publisher = "Oxford University Press",

}

RIS

TY - CHAP

T1 - Bitcoin as a mediating technology of organization

AU - Introna, Lucas

AU - Pecis, Lara

PY - 2019/12/1

Y1 - 2019/12/1

N2 - This chapter explores how Bitcoin promotes itself as an open, democratic, decentralized, and collaborative community that can bypass untrustworthy financial institutions. Whilst notions of trust in traditional forms of institutions, such as banks, have been affected by the 2008–9 financial crisis, the push towards alternative monetary systems by cryptocurrency communities seems to offer the perfect promise of decentralization and transparency. Yet, following Luhmann’s articulation of system trust, the complex functioning of Bitcoin calls for rethinking how trust in the system is understood both in relation to the trust posed in the neutrality of algorithmic action and governance, but also in others, such as the ‘wisdom of the crowd’.

AB - This chapter explores how Bitcoin promotes itself as an open, democratic, decentralized, and collaborative community that can bypass untrustworthy financial institutions. Whilst notions of trust in traditional forms of institutions, such as banks, have been affected by the 2008–9 financial crisis, the push towards alternative monetary systems by cryptocurrency communities seems to offer the perfect promise of decentralization and transparency. Yet, following Luhmann’s articulation of system trust, the complex functioning of Bitcoin calls for rethinking how trust in the system is understood both in relation to the trust posed in the neutrality of algorithmic action and governance, but also in others, such as the ‘wisdom of the crowd’.

KW - Bitcoin

KW - trust

KW - decentralization

KW - Luhmann

KW - algorithmic governance

U2 - 10.1093/oxfordhb/9780198809913.013.5

DO - 10.1093/oxfordhb/9780198809913.013.5

M3 - Chapter (peer-reviewed)

SN - 9780198809913

BT - The Oxford Handbook of Media, Technology, and Organization Studies

A2 - Beyes, Timon

A2 - Holt, Robin

A2 - Pias, Claus

PB - Oxford University Press

CY - Oxford

ER -