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"Trust and reliance in the cognitive institutions of cryptocurrency" by Enrico Petracca and Shaun Gallagher

The stated aim of cryptocurrencies is to free the monetary system from the need to trust financial intermediaries, by relying on incentive design and technology. Many descriptive studies, however, have questioned cryptocurrencies’ delivery on the promise of trustlessness. This paper promotes a normative analysis of trust in cryptocurrencies by discussing (i) whether trust is in principle eliminable, and (ii) whether trustlessness is in itself a desirable goal. These issues are closely related, we argue, to the further issue of what kind of institutions cryptocurrencies represent. We discuss the cognitive functions played by cryptocurrencies through the lens of the “extended mind” hypothesis in the philosophy of mind and hence conceive of cryptocurrencies as mind-extending institutions. As the models of institutional mind extension differ in the fiduciary bond they assume exists between individuals and institutional resources, we compare the reliance-based model of “scaffolding ....

Ognitive Institution , The Extended Mind ,

The Guardian view on maths and poetry: seeing the world another way | Editorial

<strong>Editorial:</strong> Hours at a desk aren’t necessarily the key to success – ask June Huh, the would-be poet who has won the Fields medal for mathematics ....

United States , Alexander Pushkin , Brandy Clark , David Chalmers , Hermann Hesse , Annie Murphy , June Huh , Prof Huh , The Extended Mind ,