BitCoin
From Cibernética Americana
Jump to navigationJump to search
English Lede
Dominion Design Intent
Bitcoin provides an autonomous reference currency not issued by any one party but rather by the community of individuals participating in its network. It is not however anything more than a basic mechanism implementing that p2p network and the concept of a currency based on cryptographic principles rather than trust/an implicit social order. It may be said that the users of the network form such an order but if they do it is by virtue of its openness to anyone fundamentally different from the existing capital structures.