Democracy

Part three of the “Bitcoin Is Not Democratic” series explores the building blocks necessary to construct a civilization that transcends politics.

Democracy is antithetical to the fundamentals of private property rights and, therefore, the functional, fair organization of society.

As the concept of “democracy” regresses before our eyes, Bitcoin presents a new way of ordering society and incentivizing progress.

To be considered a free society, one must have the ability to choose the most free form of money.

Mass adoption of Bitcoin isn’t important. Selective adoption is and always has been how any revolutionary technology or transformation comes about. The masses will join by default.

Capitalism is an often cited scapegoat for the issues of the economy, but it is quite misunderstood in relation to democracy.

“It should get us to a more equitable place where it’s not just the high net worth people ... who are making the big money — it should democratize that space.

In May, Bitcoin Magazinecovered the spectacular launch of The DAO, a new kind of organization created and run using blockchain software rather than conventional...

Day one of last month’s MIT Bitcoin Expo featured a panel discussion on various improvements to Bitcoin that are either currently in the works...