Bitcoin Songsheet: Private Property And Covenants

Bitcoin Songsheet: Private Property And Covenants

Bitcoin stands out because it is a digital bearer asset that gives full private property rights to its users, and development must carefully protect this aspect.Audio recording of this article. Good fences make good neighbors.Clear boundaries separate responsibility and make clear who is due what. With good boundaries, we can act more decisively because we know what we own. Without it, nobody feels responsible so it gets plundered like an appetizer plate which inevitably comes down to that last piece which keeps getting split in half. We call what we own property and the rights of....


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