Bitcoin -- not "Blockchain", Part 2

in #bitcoin6 years ago (edited)

"Proprietary money is the cancer of modern societies, and it has infected democracy and it is killing democracy. And the answer to that is open, neutral, borderless, censorship resistant -- open source money -- as a network protocol. As an open interface. As a system that can be given to anyone who has an IP-connected device of the most basic functionality. Which gives them the power to independently verify, authorize, authenticate, transact globally with anyone. And then, once we have that solid platform, we can build applications of trust. Applications like authenticated voting. Applications like ownership control for real-estate, and other assets. Applications like open-source law, through smart-contracts. Open-source privacy systems.

Realize that cryptocurrencies today are the largest open, public, consumer, civilian deployment of public-key cryptography that has ever happened. We have now arrived at the Golden Age of cryptography. The cypherpunks are finally winning. And we can apply that amazing technology to one of humanity's most ancient, most fundamental technologies. A system of communication of value, that we call money. And for the first time in history, money is a content type. Money is a protocol."

By: Andreas M. Antonopoulos in Why Open Blockchains Matter:

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