The Coming Digital Anarchy (must read!)

[Beliathon]

http://www.telegraph.co.uk/technology/news/10881213/The-coming-digital-anarchy.html

[Erdogan]

http://www.telegraph.co.uk/technology/news/10881213/The-coming-digital-anarchy.html

Almost, but not entirely, untrue. Anyway it is good that a journalist starts to open his mind a bit.

[Ilsk]

Uh-Uh can't wait for the future

[medUSA]

This is a surprisingly long article on Bitcoin. The title used the word "anarchy" in a positive way as in "without government control". Not news for those who follow bitcoin developments. Fairly informative introduction to the ways in which "blockchain technologies" can be used to replace current non-transparent systems.

[bitsmichel]

Nice to see a long article about Bitcoin and technology. For most bitcoiners it is not new, but I think to many people it is;

[Mrrr]

A surprisingly unbiased and well informed article. Think we reached a new standard here.

[Meuh6879]

At a conference in 2009 he said: "There are quite a lot of people who think it's not possible. That's a good thing. We don't need to really worry about those people very much, because since they don't think it's possible they won't take us very seriously. And they will not actually try to stop us until it's too late."

[runam0k]

This is a surprisingly long article on Bitcoin.

Some would say overly long.

Still, nice to see some discussion of Bitcoin beyond the currency (and, dare I say, crypto beyond Bitcoin).

[ljudotina]

Jesus christ...that is LONG. I like it tho...i got down to the last sentance....but still...damn...it's long!


Anyway comment to article. It's just one way world could go with BTC. Everything inside that article that was wrote as "replaced by blockchain" can adept and change, and use that blockchain as it's own advantage. They doesnt need to dissapear. Blockchain is just storage of information and people need more than just information. More than just security of their bitcoin. You need security in a way that you will receive your goods and many more. Nothing that blockchain can solve. But businesses around blockchain can.
For example PayPal. Many thing that they will perish with BTC on the rise.
What if PayPal embraces bitcoin?
What if they start using it to move money around the world (now they use banks).
What if they offer "buyer protection" and "seller protection" to BTC users? Will they perish?
No they ownt. They can turn it into their advantage and live out of it, just like they live out of fiat transactions. As security layer for buyer and seller.

There are many more examples where similar approach can be used. Businesses that we think will dissapear can adopt BTC and become stronger and better because of it.

[jonald_fyookball]

pretty cool article...

I don't really agree with Mike Hearn's vision though.
Meaning that, I don't think computers will be smart enough
to run businesses, at least not in the next 50 years.

[Beliathon]

This is a surprisingly long article on Bitcoin. The title used the word "anarchy" in a positive way...

"The measure of the state’s success is that the word anarchy frightens people, while the word state does not. We are like those African slaves who believe that their master is their benefactor, or those Russians who still believe that Stalin was their guardian."
-Joseph Sobran

This is a surprisingly long article on Bitcoin.

Some would say overly long.

See what the age of Twitter has done to the attention span of readers?

Tragedy, travesty, disgrace, and shame. Nothing could be more important than patience and critical thinking skills in readers...

[Shibboleth]

Read all of the article this morning. I can't remember a single instance in the past where a journalist working for a ( once hostile ) mainstream media mouthpiece has articulated Bitcoin and the blockchain so succinctly.

Bitcoin has definitely arrived - I don't know if this is good or bad. Perhaps this is the next question.

[runam0k]

Some would say overly long.

See what the age of Twitter has done to the attention speed of readers?

Tragedy, travesty, disgrace, and shame. Nothing could be more important than patience and critical thinking skills in readers...

I read it (patience) and I think it could be more concise (critical thinking).

[Beliathon]

Bitcoin has definitely arrived - I don't know if this is good or bad.

This should help clarify the issue for you.

[lihuajkl]

decentralised system mentioned by the article is beyond the cryptocurrency and can solve many existing problems in society. A bit innovative idea.

[jonald_fyookball]

Bitcoin has definitely arrived - I don't know if this is good or bad.

This should help clarify the issue for you.

How could it be bad?

[Shibboleth]

Bitcoin has definitely arrived - I don't know if this is good or bad.

This should help clarify the issue for you.

How could it be bad?

Once "they" get their hands on it they will pervert it.

[beetcoin]

digital anarchy? the cable companies, at least in the U.S., are basically decoupling themselves from net neutrality laws.. they are going to become absurdly powerful.

[jonald_fyookball]

Bitcoin has definitely arrived - I don't know if this is good or bad.

This should help clarify the issue for you.

How could it be bad?

Once "they" get their hands on it they will pervert it.

only if "we" let them.

[Beliathon]

digital anarchy? the cable companies, at least in the U.S., are basically decoupling themselves from net neutrality laws.. they are going to become absurdly powerful.

That kind of blatant tyranny could be just the kind of spark the sleeping citizens need...