Published on July 26th, 2015 | by bitcoin0
New Government Model: The Blockchain
The core of the blockchain provides an alternative governance model to the current oligarchic control shown in the harsh austerity forced against the will of the Greek people.
Now, most who are aware of this groundbreaking innovation know the blockchain is a ledger.
At its core, it is a platform that allows people to come to agreement on virtually anything without intermediaries.
In his white paper published in 2008, anonymous creator of this technology Satoshi Nakamoto noted it was invented as a solution to the inherent weaknesses of the trust-based model.
When looked at as a larger governance model, this accounts for potential selfish attempts that try to benefit from the good will of people.