Wendy McElroy: Here, There Is No State

Wendy McElroy: Here, There Is No StateThe Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 7, Part 2. Here, there is no State. The core innovation of cryptocurrency is decentralization—the diffusion of functions or power across a broad network. The decentralization of crypto is what yanked financial control away from concentrated authorities, like central banks, and into the […]

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