Aron discusses the technology behind bitcoin. The rise of bitcoin took the right to issue money, once the sole preserve of governments, and placed it in the hands of everyone. Now a spin-off technology could do the same for other core concepts of society: identity, ownership, reputation and even the rule of law. This technology is the blockchain, and it has the potential to enable the ultimate workers' cooperatives, or perhaps an ultra-libertarian parallel society, beyond governmental control. Bitcoin's blockchain is a cryptographically secured list of every bitcoin transaction ever made.
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