The Blockchain: An Experiment in Governance Without Power

The Blockchain: An Experiment in Governance Without Power

Dmitry Buterin
10/30/16 7:51 AM 2016-10-30 07:51:02
...The absence of a central authority figure is also not synonymous with a lack of leadership. To the contrary, it means anyone and everyone is able to lead. The difference is that without compulsion,

…The absence of a central authority figure is also not synonymous with a lack of leadership. To the contrary, it means anyone and everyone is able to lead. The difference is that without compulsion, different ideas and solutions must openly compete against each other. No one can be forced to accept any service or use any software. The resulting competition means that multiple solutions to different problems can be market tested and users will ultimately vote with their feet…

Dmitry Buterin
dmitry-buterin
db@bonasource.com
Serial entrepreneur, angel investor.

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