summarize the arguments that these authors make about the potential impacts of bitcoin on the world’s political economy.

1. Read the 2003 article by Vasilis Kostakis and Chris Giotitsas, “The (A)Political Economy of Bitcoin” tripleC 12(2): 431–440, 2014. This is a challenging article. You will need to re-read it at least twice and take notes as you prepare to write your paper. “The (A)Political Economy of Bitcoin”
2. In your paper, do the following:
First, describe bitcoin as the authors do. According to this article, what is bitcoin?
Second, summarize the arguments that these authors make about the potential impacts of bitcoin on the world’s political economy. Be sure to address these questions: according to these authors, how are bitcoin and other digital currencies supposed to differ from existing state currencies? Why would bitcoin be considered “apolitical?”
Finally, provide and support an opinion on this question: Is bitcoin apolitical or “less political” than existing state currencies? You may want to summarize what the authors say on this point and agree or disagree with them.

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