2013-06-13 Let A 1000 Nations Bloom - Bitcoin and Unbreakable Law

[caveden]

(This is not exactly a press article, rather a blog post, so if it's not OK to be here, please mods move it. Thanks)

http://athousandnations.com/2013/06/13/bitcoin-and-unbreakable-law/

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[aigeezer]

The whole article is worth quoting, but here's a taste:

"It’s easy to see how unbreakable promises would be a revolution for contracts and law. Enforcement costs for contracts would be drastically reduced. It would enable a new era of globalization, allowing people to participate in contracts with each other without regard to jurisdiction. The rights promised to a citizen of a country could be guaranteed instead of relying on the benevolence and caprice of their sovereign."

I hope it stays up - well worth a read.

Edit: it's even better if you read it just before/after reading this thread: https://bitcointalk.org/index.php?topic=232950.0

[Zangelbert Bingledack]

This is a huge possibility space ripe for brainstorming. I suggest everyone take some time out, go for a walk, and consider the possibilities of how Bitcoin could be used to revolutionize aspects of how social and business rules are enforced. You just might come up with an idea that will change the world.

[Bitcopia]

One of the best reads to invoke new thoughts. Thanks for sharing.