Comment on Bitcoin 2.0: Distributed Corporations, Derivatives, and Information Markets by What Is Bitcoin 2.0? - Samuelpaganoto.com

Comment on Bitcoin 2.0: Distributed Corporations, Derivatives, and Information Markets by What Is Bitcoin 2.0? – Samuelpaganoto.com


Just when you thought you had comfortably wrapped your head around the whole Bitcoin thing, some restless coders up and add another layer of complexity to the world’s preferred brand of magical internet money. A new wave of decentralization may soon be upon us. Lusty possibilities abound.

More and more people are coming to understand Bitcoin as both a medium of exchange and a nifty (nerdy) payments and communications system. It is at once a currency, a platform, a protocol, a network, an ethos. In freeing the channels of information transmission, decentralization unleashes latent creativity. A thing of beauty, but man can arguably not radically decentralize all human association by the Bitcoin protocol alone.

While public attention largely fixates on short-term price adjustments, community creators

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