Crypto 2.0 and DAWCs: Dawn of Decentralized Autonomous Workers Councils. – h+ Mediah+ Media

Many of both Bitcoin’s most vocal proponents and detractors agree that the way the cryptocurrency operates technologically determines the form of the economy and therefore the society that uses it. That society would be anarcho-capitalist, lacking state institutions (anarcho-) but enforcing commodity property law (capitalist). If this is true then Bitcoin has the potential to achieve a far greater political effect than financial engineering efforts like the Euro or quantitative easing and with far fewer resources. Perhaps variations on this technology can create alternatives to Bitcoin that determine or at least afford different socioeconomic orders.

Source: Crypto 2.0 and DAWCs: Dawn of Decentralized Autonomous Workers Councils. – h+ Mediah+ Media