The Blockchain Socialist

Bitcoin is the New Data is the New Oil


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For this episode I spoke with Maryam Monalisa Gharavi (@wcncnd), an Iranian-American artist, writer, and theorist whose work explores the interplay between aesthetic and political valences in the public domain.. She conceived of the Oil Research Group, a one woman collective exploring the relationship between oil, data, and bitcoin.

"Data is the new oil" was coined by the British mathematician Clive Humby in 2006 and since then has become a bit of a cliché phrase in the business world. While there may be some ways the metaphor works, there are clearly some big differences, like oil being a finite source and data being seemingly an infinite one. However, the digital scarcity introduced by bitcoin potentially changes this dynamic. During the interview Monalisa and I talk about the goals of the Oil Research Group, the pros and cons of frictionlessness, and the preciousness of data.

“Every new technology necessitates a new war” - Marshall McLuhan.

If you liked the podcast be sure to give it a review on your preferred podcast platform. If you find content like this important consider donating to my Patreon starting at just $3 per month. It takes quite a lot of my time and resources so any amount helps. Follow me on Twitter (@TBSocialist) and join the r/CryptoLeftists subreddit and Discord to join the discussion.

Send me your questions or comments about the show and I'll read them out sometime.

Support the show

ICYMI I've written a book about, no surprise, blockchains through a left political framework! The title is Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It and is being published through Repeater Books, the publishing house started by Mark Fisher who’s work influenced me a lot in my thinking.

The book is officially published and you use this linktree to find where you can purchase the book based on your region / country.

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