“When perhaps the real problem is money itself!”: the practical materiality of Bitcoin

This paper investigates the semiotics of Bitcoin, an electronic cash system that uses decentralized networking to enable irreversible payments. For enthusiasts, Bitcoin provides an alternative to currencies and payment systems that are seen to threaten users' privacy, limit personal liberty, and undermine the value of money through state and corporate oversight. Bitcoin's promise lies in its apparent capacity to resolve these concerns not through regulatory institutions or interpersonal trust, but through its cryptographic protocols. We characterize this semiotics as a “practical materialism” and suggest it replays debates about privacy, labor, and value.     

Boundary riding: Cross‐cultural analysis,national cinema and genre

This paper addresses the relation between rhetoric and politics through a reading of the term ‘queer’ as it circulated in three different communities in the 1990s: the activist group Queer Nation; the (American) field of study now known as Queer Theory; and an underground queer‐punk press (fanzines'). Reflection on the specific uses of the term ‘queer’ indicates widely divergent and conflicting meaning‐making processes. For some people, the term ‘queer’ signifies all people outside of normative heterosexuality, while for others, the term only refers to lesbians and gay men. Within both Queer Nation and Queer Theory, a metaphorical association is established among ‘queers’ and ‘lesbian/gays’. By contrast, queer‐punks employ the term catachrestically, as a metaphor for which no literal referent exists. Rhetorical theory can clarify these different employments of the same term. Theories of metaphor and catachresis help us to understand how relations of association are established among queers and lesbian/gays, and how particular rhetorical strategies relate to specific political agendas.     

Repressed futures: financial derivatives' theological unconscious

Financial derivatives are credited with bringing to the fore a number of sociological and metaphysical problems for modernity, from the instantiation of particular modalities of risk to the destabilization of referentiality in knowledge-claims about the world. This essay argues that derivatives can take on the particular power they hold in such accounts only through a repression of their mathematical technique. Opening up the black box of the mathematical technique through a history of statistics, it argues that the founding trauma animating derivatives' discursive power is the separation of religion from the technical procedures of mathematics and the stochastic models that give form to trading in derivatives. Derivatives' indexical power is a symptom of this trauma. That symptomatology reveals derivatives to be a moral, not just mathematical, problematic.