[2014-06-09] Telegraph: The coming digital anarchy

[davidgdg]

"But how far will disruptive effects reach? Are we rapidly approaching a singularity where, thanks to Bitcoin-like tools, centralised power of any kind will seem as archaic as the feudal system?"

I loved the article.
To say "centralised power of any kind will seem archaic" is a bit of a stretch. The NFL (for example) is an example of acceptable central power. When you own/buy a team you agree to obey the rules of the league and the commissioner has power to enforce the rules.

That's not power. It is consensus. The two are fundamentally different.

[Junko]

Very nice article with lots of eye-opening infos.

It's amazing to know and realize that Bitcoin and its developments will eventually lead to something even bigger and better than the centrally controlled/monitored internet.

[Ron~Popeil]

Very nice article with lots of eye-opening infos.

It's amazing to know and realize that Bitcoin and its developments will eventually lead to something even bigger and better than the centrally controlled/monitored internet.

It is much bigger than currency for sure. It will fundamentally transform the way we do a lot of things.

[rramires]

As a child watching Star Trek, i did not understand how the monetary system used  made ​​sense. Until the Bitcoin appear.