RATE Group | Cryptocurrencies can help create ‘parallel society’: hackers
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Cryptocurrencies can help create ‘parallel society’: hackers

Cryptocurrencies can help create ‘parallel society’: hackers

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Paul Rosenberg, founder of the Cryptohippie data protection company advocates a 'parallel existence'
Paul Rosenberg, founder of the Cryptohippie data protection company advocates a ‘parallel existence’

A hackers’ congress in Prague on Friday hailed the new cryptocurrencies as a tool to break free from the constraints of modern life and move towards a freer “parallel society”.

“Opt out of the system,” is the motto of the annual congress which brings together hundreds of artists, bitcoin developers, hackers, nomads, activists and crypto-anarchists, some wearing masks to hamper identification.

“Use cryptographic technology to regain privacy, to save freedom, to step up from the first constrained realm and to build the second one,” the organisers said.

Governments have been using passports for 100 years to mark people, steal their data and boost their own powers, they added.

“Especially at this point in…

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