Crypto currencies based on the Block-chain technology e.g., BItcoin and the P2P networking are like Stirnerism in economy and finance!

 

The crypto-currencies are recognised as a double-edged blade for economy; it will stimulate economy with its innovative force whereas it also disturbs economy by challenging the already established stable system.  A famous astrologist has warned that these crypto-currencies will face a huge catastrophic shock in their market. 

It might be called an anarchist revolution in the world economic and financial systems. In particular, Stirnerism can be explained as the blockchain P2P network like Bitcoin. 

 

Frankly speaking, Stirnerist socio-political structure can be compared to the network of the blockchain like the one used in the cryptocurrencies such as Bitcoin.  This network system does not have any central server monitoring the entire system as a control tower.  

Instead, each individual computer calculates and verifies the interactions and actions among the community utilising this network system.  This is called the peer to peer (P2P) network where their application architecture is distributed among these individual computers.  These individual computers participate in their tasks and workloads as the peers.  The privilege and the equipment are equally distributed among these peers, and there is no authorities overriding their rules of activities. 

Like this P2P network, Stirnerian socioeconomic model requires the high competency level of all individuals participating in its socioeconomics. Like the P2P computer network system, all the participants must have a reasonably high specification level to cooperatively sustain the entire network structure. Each individual must be knowledgeable about the fair judgement and aware of their self-responsibility of contributing to their public goods and services (I.e., the free ride must be prevented with the best effort).  

 

The P2P network system of both the blockchain and Stirnerism face the identical characteristics of their challenges. This P2P system still need to tackle issues of managing of data serving and access authentication.  Establishing an centralised system is efficient to store and serve the collectively used data, services, and public goods because maintenance can be concentrated on the limited places.  By contrast, the P2P network requires all agents to share the same responsibility of maintaining, managing, and updating their quality of what required to prop up this whole entire system.  

 

In the past when the information technology is not developed as much as nowadays, there has no civilisation having succeeded in establishing such an individualist mutualist anarchist society like Stirnerism even for a short time period.  This is simply because it was unimaginable.  By contrast, Stirnerism has become imaginable to establish to the certain extend by comparing the socio-politics with the hard scientific technology since the introduction of the blockchain and its P2P network. 

There is an expectation that engineers and scientists develop the current P2P network system to transform it to the more efficient and manageable alternative. This innovation expected in the future will be beneficial to continue this currently ongoing revolution of decentralising the structure of both the information technologies and political science.