Bitcoin: Cryptography and the Crowd

Direct democracy from a geek’s perspective. Image: TraderTim/flickr

Bitcoin is the world’s first decentralized, digital currency. Its extraordinary performance over the last half year has caused quite some stir, not only among ‘cyber geeks’. Users and supporters see Bitcoin as a technological breakthrough and expect its spending possibilities to increase as exponentially as its price. Meanwhile, critics point to many of these same characteristics as flaws. They are waiting for the bubble to burst, calling it a structurally flawed experiment.


How it works: This video – made possible with donations from the Bitcoin community– explains the basic idea behind the new currency:


To acquire Bitcoins, users can buy them on a trading platform or become ‘miners.’ The latter requires hardware and electricity – both usually purchased with conventional money.

Ghana Moves to Arrest Homosexuals

Dangerous Signs of Affection. Photo: ebel/flickr

In a new burst of African homophobia, Mr. Paul Evans Aidoo, a government minister in Ghana, has drawn much national support and international condemnation after calling on the country’s intelligence services to round up Ghana’s gay population. The move by the minister follows months of campaigning by the Christian Council of Ghana calling on Ghanaians not to vote for any politician who believes in the rights of homosexuals in the upcoming elections. The comments from the National Democratic Congress (NDC) politician come in the feverish run-up to the 2012 elections and have drawn wide support from political, religious and social leaders throughout the country, such as representatives of both the Christian as well as the Muslim clergy.

Currently, Ghana’s constitution does not extend human rights or legal protection based on sexual orientation. In fact, its criminal code contains a clause prohibiting “unnatural carnal knowledge”. This ambiguous phrase reflects a pervasive homophobia cultivated across the whole society. Even Ghana’s usually fairly vocal human rights activist community seems complacent. Amnesty International Ghana Director Laurence Amesu is refusing to take a position on the law, just like Richard Quason, the deputy commissioner of the Ghana Commission on Human Rights and Administrative Justice.

The lifestyles of gay, lesbian, bisexuals and transgender people are currently listed as criminal in 38 African countries. The call from Mr Aidoo thus marks only the latest in a series of expressions of officially condoned homophobia across the continent.

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A Reading List on: Humanitarian Intervention

Books in perspective: Flickr/darren 131

Proponents of humanitarian intervention argue that it responds to a fundamental moral imperative, the prevention of human suffering. The Responsibility to Protect (R2P) — which obliges states to protect their own populations and the rest of international community to hold to them to their word — was unanimously adopted at the 2005 UN World Summit and has become part of everyday diplomatic discourse.

Yet for all its moral urgency, critics point out that humanitarian intervention undermines the sovereignty especially of weak states and has imperialistic overtones.  Or, on the other hand, that it too often amounts to little more than empty rhetoric, offering little protection to the vulnerable.

Profound disagreements also exist about the proper application of R2P.  Russia invoked R2P in relation to Georgia, but the principle has yet been applied in the context of Sudan or Somalia.

This syllabus will introduce you to one of the most contentious topics in international politics.

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This Week at the ISN…

It's week 30 on our 2011 editorial calendar, Photo: Leo Reynolds/flickr

This week the ISN hones in on the following topics:

  • In Monday’s ISN Insights package, Professor Gerard DeGroot of the University of St Andrews opines about the decline of American power.
  • We offer up a reading syllabus on humanitarian interventionism on Tuesday.
  • On Wednesday, ISN Insights analyzes recent efforts aimed at reforming global drug policy, with a headlining article from Dr Markus Schultz-Kraft of the Institute for Development Studies.
  • We highlight an audio-visual presentation of the first decentralized digital currency — bitcoin — on Thursday.
  • And Friday’s podcast interview with Andrea Stieglich of the Economist Intelligence Unit takes a closer look at Bolivia’s state of affairs.

Catch up on last week’s coverage here on: Pakistan’s energy security; market interventionism; US foreign policy in East Asia; the case for rebel victory; and a CFR conversation with Paul Kagame.

Solutions for Kashmir?

Do Not Pass Go
Indian Army soldiers patrolling a street in Srinagar. Photo: Austin Yoder/ flickr

The Kashmir conflict is usually considered an interstate problem between Pakistan and India. In my opinion both governments should recognize that the matter is less about New Delhi and Islamabad – but about Kashmir. High-level talks are important but not enough.  The key to stability lies in dialogue between the two central governments and Kashmiris themselves.

Many problems in Indian-Administered Kashmir are homegrown and can only be tackled at the domestic level, rather than the international one. At present, the situation is bizarre: in the first place, the Valley remains heavily militarized.  The capital, Srinagar, looks as if it were under siege, and its commercial airport doubles as a military airfield.  And curfews, arbitrary arrests, and police brutality all contribute to the atmosphere of mistrust, hatred and unrest. So what can be done?

In a recent article in Strategic Analysis, John Wilson — a senior fellow with the Observer Research Foundation in New Delhi — makes four suggestions for how the Indian central government could improve the overall situation in the Valley: