In The Co-operative Exchange, we show the price in bitcoin (BTC) for educational purposes. This is in line with our vision, ‘Co-operatives for collective freedom, bitcoin for individual liberty.’ We believe that co-operation is the soundest form of human enterprise. We believe that bitcoin is sound money, money that cannot be corrupted nor controlled by anyone. We want to advance the cooperative circular economy and we agitate for innovation to fuel that, e.g. Starlink-Polaris for Cooperatives Initiative, CoopEnergy (100% Renewable), CoopShop and other crazy co-op things.
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Author: Primavera De Filippi
ISBN: 0674976428
Number Of Pages: 312
Publisher: Harvard University Press
Release Date: 2018-04-09
Details:
Since Bitcoin appeared in 2009, the digital currency has been hailed as an Internet marvel and decried as the preferred transaction vehicle for all manner of criminals. It has left nearly everyone without a computer science degree confused: Just how do you “mine” money from ones and zeros?
The answer lies in a technology called blockchain, which can be used for much more than Bitcoin. A general-purpose tool for creating secure, decentralized, peer-to-peer applications, blockchain technology has been compared to the Internet itself in both form and impact. Some have said this tool may change society as we know it. Blockchains are being used to create autonomous computer programs known as “smart contracts,” to expedite payments, to create financial instruments, to organize the exchange of data and information, and to facilitate interactions between humans and machines. The technology could affect governance itself, by supporting new organizational structures that promote more democratic and participatory decision making.
Primavera De Filippi and Aaron Wright acknowledge this potential and urge the law to catch up. That is because disintermediation―a blockchain’s greatest asset―subverts critical regulation. By cutting out middlemen, such as large online operators and multinational corporations, blockchains run the risk of undermining the capacity of governmental authorities to supervise activities in banking, commerce, law, and other vital areas. De Filippi and Wright welcome the new possibilities inherent in blockchains. But as Blockchain and the Law makes clear, the technology cannot be harnessed productively without new rules and new approaches to legal thinking.
EAN: 9780674976429