[2016-08-07] Cryptography as Democratic Weapon Against Demagoguery

[sirohige]

Nozomi Hayase, PhD, is a writer who has been covering issues of freedom of speech, transparency and decentralized movements.

In this opinion piece, Hayase discusses what she asserts is the current disorderly state of US democracy, arguing that the system is rigged, and that efforts to improve it may benefit from a better understanding bitcoin's security model.

http://www.coindesk.com/cryptography-democratic-weapon-demagoguery/

[Kaneki]

Bitcoin’s underlying technology, the blockchain, is a public asset ledger. This is a distributed database that records all history of transactions in a network without anyone in charge. Once data is verified, no one can undo it. The real breakthrough of this invention lies in its immutability and its potential to create a new form of governance that is censorship free and resilient to corruption.