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Open original source ↗Yes. That’s what the blockchain is.
Common law only scaled to Brits.
The Constitution only scaled to America.
But cryptocurrency scales to everyone.
Everyone gets access to provably fair monetary policy, contracts, identity, property rights.
We are all equal on the Internet.
This is one of the reasons the future is China vs the Internet.
China is the land power where the state is above the law. The Internet is the cloud power where the law is above the state.
The code-based order takes over where the rules-based order ends.
https://t.co/6vlwt0RhPj https://t.co/dGVTd2QsZE
You can argue it boils down to the judges.
We didn’t automate the executive, as founders still exist. We didn’t automate the legislative, as engineers still exist too.
But we did automate the judiciary. Because you can’t easily accuse an open source blockchain of bias.
It is a provably fair judge.
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These are the quoted author’s words.
We are all equal on the Internet.
BoredElonMusk ↗
@balajis I have a crazy idea: let’s have government protect property rights and allow capitalism. Not crony capitalism with a million regulations, I mean the laissez-faire type. Then we can see whether people of different races and cultures can work together peacefully.
Teddy21btc ↗