Cypherpunk Jameson LoppSays - Bitcoin Could Revolutionize Governance

Cypherpunk Jameson LoppSays - Bitcoin Could Revolutionize Governance

Jameson Lopp — a crypto industry figure and self-proclaimed professional cypherpunk — represented Bitcoin (BTC) because the first step in a very broader transition to an anarcho-capitalist society. Lopp’s comments were made in an interview on the Stephan Livera Podcast, printed Dec. 29.

According to Lopp, Bitcoin is an experiment that — if successful — could build the transition to an anarcho-capitalist society possible:

“I believe that Bitcoin may be a terribly fascinating experiment that if is successful in the future couldn't solely revolutionize money, but revolutionize how we think about governance.”

Lopp explains further that a “more self-sovereign, anarcho-capitalist society” might be developed if services currently provided by centralized third parties — like governments — were provided by “software agents that can begin to replace pieces of government functionality,” continuing:

“The first step I believe is Bitcoin, and if that’s successful enough, then we will begin talking about the subsequent step.”

The recently deceased cypherpunk co-founder Timothy may described in his “Crypto anarchist Manifesto” however the utilization of cryptography can leave the creation of a system in which folks are going to be able to interact directly, free from the influence of governments.

As Top Market Group reported earlier this month, may had criticized the contemporary crypto industry as recently as October, saying that “attempts to be ‘regulatory-friendly’ can likely kill the most uses for cryptocurrencies, that aren't simply ‘another form of PayPal or Visa.’”

During this week’s interview, Lopp conjointly declared that “one thing that individuals don’t seem to be investing in as much as they should is education.” He inspired investors to “do your own research” and also argued that developers “need to bake user education into the actual software and hardware,” like crypto wallets.

Major Cryptocurrency exchange Coinbase recently launched a program that aims to educate users concerning cryptocurrency whereas earning crypto, dubbed “Coinbase Earn.” At launch, the program is invite-only and centered on the Ethereum-based token 0x (ZRX).

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