In lots of a sociology diploma, there’ll at all times be reference or commentary on sub-culture. Many moons in the past after I launched into an Open College diploma (in all probability among the best studying experiences of my life) there was a sociology component inside it. With that, got here sub-cultures. It was all Mods and Rockers for me. The rebels who fashioned communities via widespread pursuits and all that jazz.
One lot drove large greasy bikes whereas adorned with black leather-based jackets. The others had parkas, Lambretta scooters and funky haircuts. Each teams completely legitimate and each demonised by the media as sub-cultures. Certainly a complete ethical panic was constructed round them. “Put a cease” to this lot or we’re doomed!
Right here we’re once more 50 years later and sections the media are demonising one other group. There’s a new ethical panic constructing round this lot. They’re harmful and it’ll all finish badly if we don’t management them, regulate them, police them and produce them to heel. Who’re these new unhealthy boys that would destabilise the nation? Properly, if I advised you they have been tremendous good gals and guys who’re constructing out the way forward for the web would that shock you? The brand new enterprise media gaze on the brand new harmful sub-culture is firmly centered on cryptocurrency and those that work in it and on it.
At The Scotsman, this column has been allowed to thrive as I write up cryptocurrency tales on a weekly foundation. And it’s proper that it ought to. Identical to the demonisation of the Mods and Rockers by enormous swathes of the media within the UK, the cryptocurrency business is now the topic of unwarranted and in some instances biased scrutiny. Having been afforded the chance to have a voice on this publication, I can now spot a lazy journalist a county mile away. The hacks who churn up a 0.5 second google search on “Bitcoin” and “crypto”. Then spin a narrative on that search vilifying a complete emergent business as a result of – they’ll. I now know the way the Mods and Rockers felt.
Cryptocurrency and blockchain, whereas new and nonetheless of their infancy, have the potential to alter the world in so some ways. From finance to id, from insurance coverage to safety. The brand new Mods and Rockers are utilizing maths, the Haskell and Solidify coding languages, innovation and mind to create the brand new model of what we all know because the web. Make no mistake they’re decided, however it’s not simple. Particularly after they get up every week and observe the ethical panic that’s being created round them.
We harp on about innovation, expertise, the youth and jobs. Plenty of scorching air? However, the brand new jobs should not down coal mines, they’re behind computer systems screens. Women and men coding new applied sciences that may enhance well being, transport and schooling. Look, after all banks are nervous as cryptographic currencies problem their enterprise fashions. It isn’t a struggle they’ll win regardless of what number of MP’s they’ve on the payroll, so my suggestion is embrace them, fund them and work with them.
There’s a new industrial revolution happening proper now – a fairer one. Blockchain is on the coronary heart of it. Ethical panics are created and never really sustainable. So, let’s look out from the crow’s nest past the “impending hazard’ to a brighter horizon, that these younger women and men are creating for us all.
Jim Duffy, Create Particular