If you have a minute, here’s a minute-long video explaining Bitcoin 2.0, a new idea about evolving the cryptocurrency model as a distributed autonomous society.
Excerpted from evergreenthoughts.quora.com, by Joel Dietz
It’s a movement, it’s an ethos, it’s a community, it’s the future.
What do I mean? I mean that distributed autonomous corporations and organizations are the next step in Blockchain evolution. The digital currency revolution is moving beyond currency and into evolving the nature of governance.
What is governance after all? It’s a consensus system with an established ruleset. We need it to build roads and waterways, build new industries and to go to the moon. Not only figuratively, I mean literally! Fire up those rockets!
We also need it to protect our fundamental rights. Rights that we know will be violated if we do not organize as individuals to protect them. Rules are there to protect citizens.
The blockchain, and in particular, these technologies I’ve been calling Bitcoin 2.0, make an amazing evolution in consensus systems possible.
Why? You set the rules. With new technologies like Ethereum flexibility is there for you to create whatever rules you want and need. You can join with whoever you want with whatever rules you want to start with.
There you have it. It’s a dream. It’s a reality. It’s a vision for the future. It’s happening right now.
It also now has it’s own group on Facebook