The inevitable sociality of money: the primacy of practical affirmation over conceptual consensus in the construction of Bitcoin’s economic value

2021 ◽  
Author(s):  
Lynette Shaw

Abstract Bitcoin went from being an obscure online project to a globally exchanged money valued at tens of thousands of dollars (USD) per unit. It has achieved this in spite of fundamental irreconcilabilities between the economic theories which spurred its creation and its own material basis. This article investigates how this happened using a computationally grounded analysis of 100 000s of messages from the early years of Bitcoin’s two main online communities. It will show how the continuing divergence in participants’ understandings of why Bitcoin possessed value ultimately gave way to an emerging focus on the social problem of adoption. In demonstrating this shift and accompanying promotion of activities that affirmed Bitcoin had value in practice, this article with argue that shared meaning in the form of practical affirmations of worth, rather than conceptual understandings of it, are key to communities’ ability to ‘bootstrap’ a money’s initial economic value.

1919 ◽  
Vol 10 (2) ◽  
pp. 119-119
Author(s):  
No authorship indicated
Keyword(s):  

2020 ◽  
pp. 25-31
Author(s):  
N. N. Khomutova ◽  
K. A. Vizner ◽  
S. A. Makhortova ◽  
S. N. Chudievich

The problem of the discrimination of people with disabilities remains being an urgent social problem. Misunderstanding of the meaning of this problem by others results in a situation when invalid’s level of life cannot be equal to a healthy person’s level of life. This article raises the issue of ableism in order to explore the idea of barrier-free environment integration. The results of a social survey are demonstrating a good level of respondent’s awareness concerning this problem and their will to participate in a discussion and taking of measures for the integration of a barrier-free environment with the intention to raise the invalid’s level of life.


2021 ◽  
Vol 13 (6) ◽  
pp. 3075
Author(s):  
Miguel Ángel Martín Valmayor ◽  
Beatriz Duarte Monedero ◽  
Luis A. Gil-Alana

In this paper, we examine the concept of the social balance sheet (SBS) and its evolution in corporate social reports that large companies have to issue today in their yearly statements. The SBS allows companies to evaluate their compliance with corporate social responsibility during a specific period and quantify its level of accomplishment. From a methodological perspective, this research analyzed the information that should be contained in the SBS report comparing economic value added (EVA) with other social value added statements (SVA), analyzing also in detail the case of Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) bank as one of the pioneers in offering social reports. Along with this study, their metrics following EVA were recalculated and a more academic SVA statement was proposed for this specific case.


1983 ◽  
Vol 31 (1_suppl) ◽  
pp. 60-76
Author(s):  
Patricia A. Morgan

Patricia Morgan's paper describes what happens when the state intervenes in the social problem of wife-battering. Her analysis refers to the United States, but there are clear implications for other countries, including Britain. The author argues that the state, through its social problem apparatus, manages the image of the problem by a process of bureaucratization, professionalization and individualization. This serves to narrow the definition of the problem, and to depoliticize it by removing it from its class context and viewing it in terms of individual pathology rather than structure. Thus refuges were initially run by small feminist collectives which had a dual objective of providing a service and promoting among the women an understanding of their structural position in society. The need for funds forced the groups to turn to the state for financial aid. This was given, but at the cost to the refuges of losing their political aims. Many refuges became larger, much more service-orientated and more diversified in providing therapy for the batterers and dealing with other problems such as alcoholism and drug abuse. This transformed not only the refuges but also the image of the problem of wife-battering.


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