Bitcoin Offers a Radically Different Model of Governance

Bitcoin Offers a Radically Different Model of Governance

In a brilliant essay on Bitcoin and the promise it holds for a decentralized future (published on the Pirate Party founder Rick Falkvinge's website), Nozomi Hayase explained the disruptive potential of Bitcoin. Now she further elaborates in a new essay on Falkvinge's site, and explores how the Bitcoin ecosystem offers a different model of governance and how within it, our familiar notion of power can be redefined to mean something radically different. "[W]hen I say Bitcoin, I am talking about the underlying technology of the blockchain (which is much more than currency), along with its....


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